Short Interest in Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Declines By 28.7%

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

Tenet Fintech Group Price Performance

PKKFF stock traded up $0.01 during midday trading on Monday, reaching $0.07. The stock had a trading volume of 169,822 shares, compared to its average volume of 37,788. Tenet Fintech Group has a 52-week low of $0.01 and a 52-week high of $0.11. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 9.61. The company’s fifty day simple moving average is $0.05 and its 200 day simple moving average is $0.06. The company has a market cap of $15.91 million, a price-to-earnings 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.