Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Short Interest Down 99.3% in August

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 184 shares, a decrease of 99.3% from the July 30th total of 25,155 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 150,252 shares, the short-interest ratio is currently 0.0 days.

Tenet Fintech Group Stock Down 2.9%

Shares of OTCMKTS:PKKFF opened at $0.17 on Wednesday. Tenet Fintech Group has a 52-week low of $0.02 and a 52-week high of $0.20. The stock has a market cap of $67.74 million, a P/E ratio of -5.50 and a beta of 1.12. The business has a fifty day moving average of $0.10 and a two-hundred day moving average of $0.07. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 5.17.

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

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.