Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Short Interest Up 30,054.3% in August

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 55,484 shares, an increase of 30,054.3% from the August 15th total of 184 shares. Based on an average daily volume of 208,642 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are short sold.

Tenet Fintech Group Price Performance

OTCMKTS PKKFF opened at $0.11 on Friday. The company’s 50 day simple moving average is $0.12 and its 200 day simple moving average is $0.07. Tenet Fintech Group has a 12 month low of $0.02 and a 12 month high of $0.20. The firm has a market capitalization of $45.20 million, a PE ratio of -5.50 and a beta of 1.11. The company has a debt-to-equity ratio of 5.17, a current ratio of 1.00 and a quick ratio of 1.00.

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. Tenet Fintech Group had a negative return on equity of 1,103.43% and a negative net margin of 2.84%.The company had revenue of $38.13 million for the quarter.

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.