Short Interest in Temenos AG (OTCMKTS:TMNSF) Decreases By 23.5%

Temenos AG (OTCMKTS:TMNSF) was the target of a large decline in short interest in January. As of January 31st, there was short interest totalling 567,000 shares, a decline of 23.5% from the January 15th total of 741,200 shares. Based on an average daily volume of 4,600 shares, the days-to-cover ratio is currently 123.3 days.

Temenos Stock Performance

Shares of Temenos stock opened at $87.56 on Friday. Temenos has a twelve month low of $70.83 and a twelve month high of $87.56. The company has a 50-day simple moving average of $75.94 and a two-hundred day simple moving average of $74.32.

About Temenos

Temenos AG develops, markets, and sells integrated banking software systems to banking and other financial institutions worldwide. Its Temenos Banking Cloud helps banks to offer open banking services. The company provides Temenos Infinity, a digital banking platform; Temenos Transact, a core banking software for retail, corporate, treasury, wealth, and payments; Temenos Payments, a software-as-a-service payments technology; Temenos Multifonds, a platform for traditional and alternative funds, as well as offers key asset servicing, position keeping, valuation and accounting functions for various structures of pooled vehicles and funds; Temenos Multifonds Navigator, a net asset value shadow, oversight, and contingency solution; and Temenos Quantum, a multi-experience development platform.