Short Interest in Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Grows By 53.5%

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) was the recipient of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 108,800 shares, an increase of 53.5% from the October 15th total of 70,900 shares. Based on an average trading volume of 68,100 shares, the short-interest ratio is presently 1.6 days.

Tenet Fintech Group Trading Up 54.1 %

OTCMKTS PKKFF traded up $0.02 during trading hours on Friday, hitting $0.07. 200,047 shares of the company’s stock were exchanged, compared to its average volume of 109,757. The firm has a market cap of $14.40 million, a price-to-earnings ratio of -0.14 and a beta of 1.42. The stock has a 50-day simple moving average of $0.06 and a 200 day simple moving average of $0.06. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 0.27. Tenet Fintech Group has a 1-year low of $0.03 and a 1-year high of $0.17.

Tenet Fintech Group (OTCMKTS:PKKFF) last announced its quarterly earnings data on Thursday, August 29th. The company reported ($0.06) EPS for the quarter. The company had revenue of $0.52 million for 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.