Short Interest in Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Expands By 3,075.7%

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 6,542 shares, an increase of 3,075.7% from the April 30th total of 206 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 49,316 shares, the short-interest ratio is presently 0.1 days.

Tenet Fintech Group Price Performance

Shares of OTCMKTS PKKFF opened at $0.05 on Thursday. The company has a market capitalization of $12.24 million, a price-to-earnings ratio of -0.56 and a beta of 1.25. The company has a debt-to-equity ratio of 9.61, a current ratio of 0.97 and a quick ratio of 0.97. The business has a 50-day moving average of $0.05 and a two-hundred day moving average of $0.05. Tenet Fintech Group has a 1 year low of $0.01 and a 1 year high of $0.11.

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.