Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Short Interest Up 333.9% in May

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 28,383 shares, an increase of 333.9% from the May 14th total of 6,542 shares. Based on an average daily trading volume, of 163,412 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Tenet Fintech Group Price Performance

PKKFF traded down $0.00 during trading on Thursday, reaching $0.04. 2,583 shares of the stock were exchanged, compared to its average volume of 49,359. The business’s 50 day moving average price is $0.05 and its two-hundred day moving average price is $0.05. The company has a debt-to-equity ratio of 9.61, a current ratio of 0.97 and a quick ratio of 0.97. The company has a market capitalization of $9.91 million, a price-to-earnings ratio of -0.45 and a beta of 1.27. Tenet Fintech Group has a 1 year low of $0.01 and a 1 year high of $0.11.

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.