Short Interest in Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Decreases By 50.8%

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 47,300 shares, a drop of 50.8% from the December 31st total of 96,100 shares. Based on an average daily trading volume, of 303,100 shares, the days-to-cover ratio is currently 0.2 days.

Tenet Fintech Group Trading Up 0.9 %

Tenet Fintech Group stock traded up $0.00 during midday trading on Wednesday, reaching $0.03. The stock had a trading volume of 14,766 shares, compared to its average volume of 211,604. The stock’s 50-day simple moving average is $0.05 and its 200 day simple moving average is $0.06. Tenet Fintech Group has a twelve month low of $0.03 and a twelve month high of $0.13. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.93 and a current ratio of 1.93. The stock has a market capitalization of $8.05 million, a PE ratio of -0.10 and a beta of 1.67.

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

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.