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

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

Tenet Fintech Group Trading Down 1.6 %

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

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

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.