Tenet Fintech Group Inc. (OTCMKTS:PKKFF – Get Rating) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totalling 505,000 shares, a decrease of 22.3% from the September 30th total of 649,800 shares. Based on an average daily volume of 181,100 shares, the short-interest ratio is presently 2.8 days.
Tenet Fintech Group Price Performance
Shares of PKKFF opened at $0.71 on Friday. The company has a 50 day moving average price of $1.09 and a 200-day moving average price of $1.61. Tenet Fintech Group has a fifty-two week low of $0.62 and a fifty-two week high of $9.79.
Get Tenet Fintech Group alerts:Tenet Fintech Group (OTCMKTS:PKKFF – Get Rating) last posted its earnings results on Thursday, August 25th. The company reported ($0.05) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.03). The company had revenue of $25.41 million for the quarter, compared to the consensus estimate of $28.63 million. As a group, sell-side analysts anticipate that Tenet Fintech Group will post -0.1 earnings per share for the current fiscal year.
About Tenet Fintech Group
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Tenet Fintech Group Inc, through its subsidiaries, operates in the commercial lending industry in China. It operates in two segments, Fintech Platform and Financial Services. The Fintech Platform segment provides procurement and distribution of products within supply chains or facilitating transactions in the commercial lending industry through technology platforms.
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