Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Short Interest Update

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 19,622 shares, an increase of 4,605.5% from the November 30th total of 417 shares. Based on an average daily trading volume, of 36,842 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 36,842 shares, the days-to-cover ratio is presently 0.5 days.

Tenet Fintech Group Trading Up 58.3%

Shares of PKKFF stock traded up $0.02 during trading hours on Wednesday, hitting $0.05. 302 shares of the company were exchanged, compared to its average volume of 102,831. The company has a 50 day simple moving average of $0.07 and a two-hundred day simple moving average of $0.05. The firm has a market cap of $11.63 million, a P/E ratio of -0.53 and a beta of 1.25. The company has a debt-to-equity ratio of 9.61, a quick ratio of 0.97 and a current ratio of 0.97. Tenet Fintech Group has a fifty-two week low of $0.01 and a fifty-two week high of $0.11.

Tenet Fintech Group (OTCMKTS:PKKFF) last issued its earnings results on Friday, November 28th. The company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $0.17 million for the quarter. Tenet Fintech Group had a negative return on equity of 722.03% and a negative net margin of 1,215.85%.

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.