Short Interest in Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Grows By 53.5%

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) was the target of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 108,800 shares, a growth of 53.5% from the October 15th total of 70,900 shares. Based on an average daily volume of 68,100 shares, the short-interest ratio is presently 1.6 days.

Tenet Fintech Group Stock Up 54.1 %

OTCMKTS:PKKFF traded up $0.02 during mid-day trading on Friday, reaching $0.07. The stock had a trading volume of 200,047 shares, compared to its average volume of 109,757. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.93 and a quick ratio of 1.93. The company has a market capitalization of $14.40 million, a price-to-earnings ratio of -0.14 and a beta of 1.42. Tenet Fintech Group has a 1-year low of $0.03 and a 1-year high of $0.17. The stock’s 50 day simple moving average is $0.06 and its two-hundred day simple moving average is $0.06.

Tenet Fintech Group (OTCMKTS:PKKFF) last issued its earnings results on Thursday, August 29th. The company reported ($0.06) EPS for the quarter. Tenet Fintech Group had a negative return on equity of 93.43% and a negative net margin of 466.30%. The firm had revenue of $0.52 million during 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.