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

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) was the recipient of a large increase in short interest in 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 trading volume of 68,100 shares, the short-interest ratio is currently 1.6 days.

Tenet Fintech Group Price Performance

Shares of OTCMKTS PKKFF traded up $0.02 during mid-day trading on Friday, reaching $0.07. The company had a trading volume of 200,047 shares, compared to its average volume of 109,757. The firm has a market cap of $14.40 million, a price-to-earnings ratio of -0.14 and a beta of 1.42. The business’s 50-day simple moving average is $0.06 and its 200 day simple moving average is $0.06. Tenet Fintech Group has a one year low of $0.03 and a one year high of $0.17. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.93 and a current ratio of 1.93.

Tenet Fintech Group (OTCMKTS:PKKFF) last posted its quarterly 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 net margin of 466.30% and a negative return on equity of 93.43%.

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.