Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Sees Large Increase in Short Interest

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) was the target of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 46,000 shares, an increase of 369.4% from the January 31st total of 9,800 shares. Based on an average daily trading volume, of 369,800 shares, the short-interest ratio is currently 0.1 days.

Tenet Fintech Group Trading Down 1.0 %

OTCMKTS PKKFF traded down $0.00 during mid-day trading on Friday, reaching $0.03. 110,280 shares of the stock were exchanged, compared to its average volume of 175,210. The stock has a market capitalization of $7.56 million, a PE ratio of -0.10 and a beta of 1.61. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.93 and a current ratio of 1.93. Tenet Fintech Group has a 1-year low of $0.02 and a 1-year high of $0.13. The business’s fifty day simple moving average is $0.04 and its 200 day simple moving average is $0.06.

Tenet Fintech Group (OTCMKTS:PKKFF) last posted its quarterly earnings data on Friday, November 29th. The company reported ($0.10) earnings per share (EPS) for the quarter. Tenet Fintech Group had a negative return on equity of 147.43% and a negative net margin of 741.89%.

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.