Tenet Fintech Group Inc. (OTCMKTS:PKKFF) Sees Significant Drop in Short Interest

Tenet Fintech Group Inc. (OTCMKTS:PKKFF) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totalling 47,300 shares, a decline of 50.8% from the December 15th total of 96,100 shares. Based on an average daily volume of 303,100 shares, the short-interest ratio is presently 0.2 days.

Tenet Fintech Group Price Performance

PKKFF stock opened at $0.04 on Tuesday. 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 1 year low of $0.03 and a 1 year high of $0.13. The firm has a 50-day moving average of $0.06 and a 200 day moving average of $0.06. The company has a market cap of $8.18 million, a P/E ratio of -0.11 and a beta of 1.67.

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.