Short Interest in Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Declines By 99.4%

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) was the recipient of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 157 shares, a drop of 99.4% from the May 31st total of 28,383 shares. Based on an average trading volume of 67,797 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Tenet Fintech Group Stock Down 12.0%

Shares of PKKFF traded down $0.01 during trading hours on Friday, reaching $0.05. The company’s stock had a trading volume of 11,055 shares, compared to its average volume of 47,612. The company has a 50 day moving average of $0.05 and a two-hundred day moving average of $0.05. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 9.61. The firm has a market cap of $12.24 million, a price-to-earnings ratio of -1.67 and a beta of 1.27. Tenet Fintech Group has a 1-year low of $0.01 and a 1-year high of $0.11.

Tenet Fintech Group (OTCMKTS:PKKFF) last announced its quarterly earnings data on Wednesday, June 24th. The company reported ($0.02) EPS for the quarter. Tenet Fintech Group had a negative net margin of 29.06% and a negative return on equity of 408.82%. 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.