Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Sees Large Decrease in Short Interest

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) saw a significant decrease in short interest in February. As of February 27th, there was short interest totaling 24,744 shares, a decrease of 28.7% from the February 12th total of 34,689 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 19,347 shares, the days-to-cover ratio is currently 1.3 days. Based on an average daily volume of 19,347 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.0% of the shares of the stock are sold short.

Tenet Fintech Group Price Performance

Shares of OTCMKTS:PKKFF traded up $0.01 on Friday, reaching $0.07. The company’s stock had a trading volume of 48,331 shares, compared to its average volume of 18,440. The company has a 50-day simple moving average of $0.05 and a 200 day simple moving average of $0.06. Tenet Fintech Group has a 52-week low of $0.01 and a 52-week high of $0.11. The company has a debt-to-equity ratio of 9.61, a quick ratio of 0.97 and a current ratio of 0.97. The company has a market cap of $15.91 million, a P/E ratio of -0.72 and a beta of 1.41.

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.