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

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 342,200 shares, an increase of 16.8% from the August 31st total of 293,000 shares. Based on an average trading volume of 184,200 shares, the days-to-cover ratio is currently 1.9 days.

Tenet Fintech Group Stock Performance

Shares of PKKFF opened at $0.06 on Monday. The company has a market cap of $9.76 million, a PE ratio of -0.12 and a beta of 1.43. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 0.27. The stock has a 50-day moving average price of $0.07 and a 200-day moving average price of $0.06. Tenet Fintech Group has a 12-month low of $0.03 and a 12-month high of $0.24.

Tenet Fintech Group (OTCMKTS:PKKFF) last released its earnings results on Thursday, August 29th. The company reported ($0.06) earnings per share for the quarter. The firm had revenue of $0.52 million during the quarter. Tenet Fintech Group had a negative return on equity of 93.43% and a negative net margin of 466.30%.

About Tenet Fintech Group

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.