Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Sees Significant Decline in Short Interest

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 11,452 shares, a decline of 40.9% from the March 15th total of 19,387 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 47,917 shares, the short-interest ratio is currently 0.2 days.

Tenet Fintech Group Trading Down 15.0%

Shares of PKKFF stock traded down $0.01 on Monday, reaching $0.03. 10,000 shares of the stock were exchanged, compared to its average volume of 34,055. The stock has a market cap of $8.32 million, a P/E ratio of -0.38 and a beta of 1.42. 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 50 day moving average of $0.05 and a two-hundred day moving average of $0.06. Tenet Fintech Group has a 1-year low of $0.01 and a 1-year high of $0.11.

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.