Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Short Interest Up 10,275.2% in July

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 16,289 shares, an increase of 10,275.2% from the June 30th total of 157 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 371,590 shares, the short-interest ratio is currently 0.0 days.

Tenet Fintech Group Trading Down 21.0%

Shares of Tenet Fintech Group stock opened at $0.09 on Friday. The company has a market capitalization of $32.71 million, a P/E ratio of -2.87 and a beta of 1.31. The stock has a fifty day simple moving average of $0.06 and a 200 day simple moving average of $0.05. Tenet Fintech Group has a 12-month low of $0.02 and a 12-month high of $0.16. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 5.17.

Tenet Fintech Group (OTCMKTS:PKKFF) last issued its quarterly earnings data on Wednesday, June 24th. The company reported ($0.02) earnings per share for the quarter. Tenet Fintech Group had a negative net margin of 29.06% and a negative return on equity of 563.34%. The company had revenue of $8.41 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.