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

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) saw a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 108,800 shares, an increase of 53.5% from the October 15th total of 70,900 shares. Based on an average daily volume of 68,100 shares, the days-to-cover ratio is currently 1.6 days.

Tenet Fintech Group Trading Up 54.1 %

PKKFF stock traded up $0.02 during midday trading on Friday, reaching $0.07. 200,047 shares of the company’s stock traded hands, compared to its average volume of 109,757. The business has a 50-day moving average price of $0.06 and a two-hundred day moving average price of $0.06. Tenet Fintech Group has a fifty-two week low of $0.03 and a fifty-two week high of $0.17. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.93 and a quick ratio of 1.93. The company has a market capitalization of $14.40 million, a P/E ratio of -0.14 and a beta of 1.42.

Tenet Fintech Group (OTCMKTS:PKKFF) last issued its earnings results on Thursday, August 29th. The company reported ($0.06) earnings per share for the quarter. The company had revenue of $0.52 million during the quarter. Tenet Fintech Group had a negative return on equity of 93.43% and a negative net margin of 466.30%.

About Tenet Fintech Group

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.