SHF Holdings saw short interest explode 734% over the past week to 13.7% of float, while utilisation surged to 79.68% — the highest since early April. The stock rallied 16% week-over-week despite the mounting short pressure.
SHFS closed at $0.95 on April 24, up 9.6% on the day. The stock gained 16.1% over the past week and 15.1% over the month. The rally comes amid a volatile period for the specialized finance name, which carries no current market cap data.
Short interest rocketed to 422,258 shares as of April 23, representing 13.7% of the free float. The metric surged 65% in a single day and 734% over the past week. This is the highest short interest level since late March, when shares short peaked above 153,000.
The April 23 reading marks a dramatic acceleration from the week-prior level of just 50,650 shares. The official FINRA fortnightly figure from April 15 showed 70,039 shares short with 1.1 days to cover — well below the current estimate.
Cost to borrow sits at 20.1%. The metric fell 2.2% over the past week and 22% over the month. CTB touched a 30-day high of 32.3% on March 11 before retreating. Current levels sit near the low end of the recent range.
Utilisation hit 79.68% on April 23, more than doubling from 61.4% the prior day. The metric climbed from just 3.1% on April 13 to the current reading in eight trading days. The 52-week high of 97.7% was set earlier this year. April 23 utilisation is the highest since March 26, when it reached 31.2%.
Partner Colorado Credit Union holds the largest stake at 1.08 million shares, representing 24% of shares outstanding. The position was unchanged in the most recent report dated October 2025.
M3F, Inc. added 196,057 shares to reach 308,000 shares as of December 2025. Terrance Mendez increased his position by 144,219 shares to 155,119 shares. Atalaya Capital Management added 79,223 shares to reach the same 155,119-share total.
Three firms initiated positions in Q4 2025: T3 Trading Group (54,000 shares), Checchi Capital Advisers (31,741 shares), and Hudson River Trading (19,918 shares). Jane Street Group also opened a new 11,202-share stake.
Geode Capital Management added 11,057 shares to reach 12,651 shares as of February 2026. Vanguard's 20,486-share position was unchanged as of March 31.
The most recent insider trade was a sale by Chief Legal Officer Donald T. Emmi on May 6, 2025. He sold 318 shares at $28.40 per share for $9,031. The 90-day net insider activity shows this same 318-share sale with a net value of $9,031.
Earlier trades from late 2023 show CEO Sundie Seefried purchasing 29,900 shares across two December transactions for approximately $27,869. Director Jonathon F. Niehaus bought 10,000 shares at $0.936 in December 2023.
SHFS reported earnings on April 15, 2026, after the close. The company has no upcoming earnings event flagged in the current data. Watch for continued short interest movement — the week-over-week surge suggests active positioning by bears despite the recent price strength.
See the live data behind this article on ORTEX.
Open SHFS on ORTEX →ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
