Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Short Interest Update

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 25,155 shares, an increase of 54.4% from the July 15th total of 16,289 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 540,613 shares, the short-interest ratio is presently 0.0 days.

Tenet Fintech Group Stock Down 2.0%

Shares of OTCMKTS PKKFF opened at $0.18 on Wednesday. The firm has a fifty day simple moving average of $0.08 and a two-hundred day simple moving average of $0.06. Tenet Fintech Group has a 12 month low of $0.02 and a 12 month high of $0.18. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 5.17. The firm has a market capitalization of $71.97 million, a PE ratio of -5.84 and a beta of 1.12.

Tenet Fintech Group (OTCMKTS:PKKFF) last announced its quarterly earnings results on Wednesday, June 24th. The company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $8.41 million for the quarter. Tenet Fintech Group had a negative net margin of 29.06% and a negative return on equity of 563.34%.

Tenet Fintech Group Company Profile

Tenet Fintech Group Inc, through its subsidiaries, provides various analytics and AI-based services to small-and-medium businesses and financial institutions. It offers Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. The company was formerly known as Peak Fintech Group Inc and changed its name to Tenet Fintech Group Inc in November 2021. Tenet Fintech Group Inc was incorporated in 2008 and is headquartered in Toronto, Canada.