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

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) saw a significant growth in short interest during 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 daily volume of 371,590 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Tenet Fintech Group Stock Performance

Shares of OTCMKTS PKKFF traded down $0.02 during trading hours on Friday, reaching $0.09. 234,135 shares of the stock were exchanged, compared to its average volume of 75,913. The firm has a market capitalization of $21.05 million, a price-to-earnings ratio of -2.87 and a beta of 1.31. The stock’s fifty day simple moving average is $0.06 and its 200 day simple 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. Tenet Fintech Group has a 52 week low of $0.02 and a 52 week high of $0.16.

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

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.