Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Short Interest Up 53.5% in October

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) saw a significant growth in short interest in 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 trading volume, of 68,100 shares, the days-to-cover ratio is presently 1.6 days.

Tenet Fintech Group Trading Down 1.6 %

Shares of PKKFF stock traded down $0.00 during trading hours on Thursday, hitting $0.04. 91,307 shares of the company’s stock traded hands, compared to its average volume of 109,322. The stock has a market cap of $8.93 million, a PE ratio of -0.09 and a beta of 1.42. Tenet Fintech Group has a 12 month low of $0.03 and a 12 month high of $0.18. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 0.27. The stock’s 50 day simple moving average is $0.06 and its 200 day simple moving average is $0.06.

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

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.