Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Short Interest Up 333.9% in May

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 28,383 shares, a growth of 333.9% from the May 14th total of 6,542 shares. Based on an average trading volume of 163,412 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Tenet Fintech Group Price Performance

Shares of OTCMKTS:PKKFF traded down $0.00 on Thursday, hitting $0.04. The company had a trading volume of 2,583 shares, compared to its average volume of 49,359. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 9.61. Tenet Fintech Group has a 52-week low of $0.01 and a 52-week high of $0.11. The business has a 50 day moving average of $0.05 and a 200 day moving average of $0.05. The company has a market cap of $9.91 million, a PE ratio of -0.45 and a beta of 1.27.

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. 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.