Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Stock Short Interest Report for September

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 85,336 shares, an increase of 438.3% from the September 15th total of 15,852 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 220,928 shares, the days-to-cover ratio is presently 0.4 days.

Tenet Fintech Group Price Performance

PKKFF stock traded down $0.02 on Friday, hitting $0.15. 313,291 shares of the company’s stock traded hands, compared to its average volume of 120,217. Tenet Fintech Group has a 1-year low of $0.02 and a 1-year high of $0.20. The stock has a market cap of $74.38 million, a price-to-earnings ratio of -7.43 and a beta of 1.17. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.01. The stock has a fifty day moving average of $0.15 and a 200-day moving average of $0.09.

Tenet Fintech Group (OTCMKTS:PKKFF) last released its earnings results on Wednesday, August 26th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $38.13 million for the quarter. Tenet Fintech Group had a negative return on equity of 157.07% and a negative net margin of 2.84%.

About Tenet Fintech Group

Tenet Fintech Group Inc is a Canadian financial technology company that develops and operates digital platforms designed to connect small and medium-sized businesses with financial institutions, lenders, service providers and other commercial partners.

The company’s principal platform is the Cubeler Business Hub, an online business ecosystem intended to help companies exchange information, identify potential partners and access financial and business services. Through its technology, Tenet seeks to use business data and analytics to support commercial matchmaking, credit assessment and the delivery of financing and related services.

Tenet Fintech Group has historically focused on opportunities in Canada and China, with its business model aimed at serving small and medium-sized enterprises in those markets.