Short Interest in Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Drops By 99.4%

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 157 shares, a drop of 99.4% from the May 31st total of 28,383 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 67,797 shares, the short-interest ratio is presently 0.0 days.

Tenet Fintech Group Stock Performance

Shares of PKKFF stock traded up $0.02 on Thursday, hitting $0.06. The company had a trading volume of 194,459 shares, compared to its average volume of 40,430. Tenet Fintech Group has a twelve month low of $0.01 and a twelve month high of $0.11. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 9.61. The firm has a market cap of $13.90 million, a P/E ratio of -1.89 and a beta of 1.27. The company has a 50-day moving average price of $0.05 and a 200-day moving average price of $0.05.

Tenet Fintech Group (OTCMKTS:PKKFF) last posted its earnings results on Wednesday, June 24th. The company reported ($0.02) EPS for the quarter. The company had revenue of $8.41 million for the quarter. Tenet Fintech Group had a negative return on equity of 408.82% and a negative net margin of 29.06%.

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.