Short Interest in Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Grows By 76.7%

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 34,689 shares, a growth of 76.7% from the January 29th total of 19,631 shares. Based on an average trading volume of 126,793 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 126,793 shares, the days-to-cover ratio is currently 0.3 days.

Tenet Fintech Group Price Performance

OTCMKTS PKKFF opened at $0.06 on Friday. The stock has a 50-day moving average of $0.04 and a 200 day moving average of $0.06. The company has a debt-to-equity ratio of 9.61, a quick ratio of 0.97 and a current ratio of 0.97. The company has a market capitalization of $13.46 million, a price-to-earnings ratio of -0.61 and a beta of 1.45. Tenet Fintech Group has a one year low of $0.01 and a one year high of $0.11.

Tenet Fintech Group (OTCMKTS:PKKFF) last announced its quarterly earnings results on Friday, November 28th. The company reported ($0.01) EPS for the quarter. Tenet Fintech Group had a negative return on equity of 722.03% and a negative net margin of 1,215.85%.The company had revenue of $0.17 million during the quarter.

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. 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.