Renaissance Technologies LLC Sells 75,745 Shares of SHF Holdings, Inc. (NASDAQ:SHFS)

Renaissance Technologies LLC reduced its position in SHF Holdings, Inc. (NASDAQ:SHFS) by 50.0% in the second quarter, Holdings Channel.com reports. The fund owned 75,655 shares of the company’s stock after selling 75,745 shares during the quarter. Renaissance Technologies LLC’s holdings in SHF were worth $41,000 at the end of the most recent reporting period.

Separately, B. Riley Wealth Advisors Inc. lifted its position in SHF by 158.5% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 35,998 shares of the company’s stock valued at $51,000 after purchasing an additional 22,070 shares during the last quarter. 29.19% of the stock is currently owned by hedge funds and other institutional investors.

SHF Trading Down 4.4 %

Shares of SHF stock opened at $0.46 on Tuesday. SHF Holdings, Inc. has a 1 year low of $0.44 and a 1 year high of $1.55. The firm has a market cap of $25.56 million, a PE ratio of -1.65 and a beta of 0.15. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.04 and a quick ratio of 1.04. The company has a 50 day simple moving average of $0.57 and a two-hundred day simple moving average of $0.65.

SHF (NASDAQ:SHFS) last announced its earnings results on Wednesday, August 14th. The company reported $0.02 earnings per share (EPS) for the quarter. SHF had a net margin of 27.99% and a return on equity of 7.94%. The business had revenue of $4.04 million during the quarter.

About SHF

SHF Holdings, Inc, through its subsidiaries, provides access to banking, lending, and other financial services to financial institutions serving the cannabis industry. The company, through its proprietary platform, offers access to business checking and savings accounts, cash management accounts, savings and investment options, commercial lending, courier services, remote deposit services, automated clearing house payments and origination, and wire payments.