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

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 15,852 shares, a decrease of 71.4% from the August 31st total of 55,484 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 144,936 shares, the days-to-cover ratio is currently 0.1 days.

Tenet Fintech Group Price Performance

OTCMKTS PKKFF opened at $0.18 on Friday. Tenet Fintech Group has a one year low of $0.02 and a one year high of $0.20. The stock has a 50-day moving average of $0.14 and a 200 day moving average of $0.08. The company has a market capitalization of $91.94 million, a price-to-earnings ratio of -9.19 and a beta of 1.11. The company has a debt-to-equity ratio of 5.17, a quick ratio of 1.00 and a current ratio of 1.00.

Tenet Fintech Group (OTCMKTS:PKKFF) last posted its earnings results on Wednesday, August 26th. The company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $38.13 million for the quarter. Tenet Fintech Group had a negative net margin of 2.84% and a negative return on equity of 1,103.43%.

About Tenet Fintech Group

Tenet Fintech Group Inc, formerly known as Peak Fintech Group Inc, is a Canadian financial technology company focused on providing digital tools and services for businesses and financial institutions. Its principal platform, the Cubeler Business Hub, is designed to connect businesses with lenders, suppliers, service providers and other commercial partners through a data-driven online ecosystem.

The company’s offerings are intended to support business financing, commerce and supply-chain activities.