Short Interest in Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Declines By 99.3%

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 184 shares, a decrease of 99.3% from the July 30th total of 25,155 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 150,252 shares, the short-interest ratio is currently 0.0 days.

Tenet Fintech Group Trading Up 15.2%

Shares of OTCMKTS PKKFF opened at $0.19 on Thursday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 5.17. Tenet Fintech Group has a one year low of $0.02 and a one year high of $0.20. The business has a 50-day moving average price of $0.10 and a two-hundred day moving average price of $0.07. The firm has a market capitalization of $78.00 million, a PE ratio of -6.33 and a beta of 1.13.

Tenet Fintech Group (OTCMKTS:PKKFF) last posted its quarterly 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 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.