Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Short Interest Up 333.9% in May

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 28,383 shares, a growth of 333.9% from the May 14th total of 6,542 shares. Based on an average trading volume of 163,412 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Tenet Fintech Group Price Performance

Shares of PKKFF remained flat at $0.04 during trading hours on Friday. The company had a trading volume of 2,800 shares, compared to its average volume of 48,841. The company has a debt-to-equity ratio of 9.61, a current ratio of 0.97 and a quick ratio of 0.97. Tenet Fintech Group has a one year low of $0.01 and a one year high of $0.11. The company has a market cap of $9.91 million, a price-to-earnings ratio of -0.45 and a beta of 1.27. The firm has a 50 day moving average price of $0.05 and a two-hundred day moving average price of $0.05.

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.