Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Short Interest Up 10,275.2% in July

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 16,289 shares, a growth of 10,275.2% from the June 30th total of 157 shares. Based on an average trading volume of 371,590 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Tenet Fintech Group Stock Performance

PKKFF traded down $0.02 during trading hours on Friday, reaching $0.09. The company’s stock had a trading volume of 234,135 shares, compared to its average volume of 75,913. Tenet Fintech Group has a 52 week low of $0.02 and a 52 week high of $0.16. The company’s 50-day moving average is $0.06 and its 200-day moving average is $0.05. The company has a debt-to-equity ratio of 5.17, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a market cap of $21.05 million, a PE ratio of -2.87 and a beta of 1.31.

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

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.