Short Interest in Temenos AG (OTCMKTS:TMSNY) Increases By 384.6%

Temenos AG (OTCMKTS:TMSNY) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 6,300 shares, an increase of 384.6% from the December 31st total of 1,300 shares. Based on an average daily volume of 13,600 shares, the days-to-cover ratio is presently 0.5 days.

Temenos Stock Performance

Shares of OTCMKTS TMSNY traded up $0.48 during trading hours on Friday, hitting $85.83. 3,046 shares of the stock were exchanged, compared to its average volume of 4,488. Temenos has a 1-year low of $55.28 and a 1-year high of $103.58. The company’s fifty day simple moving average is $73.00 and its two-hundred day simple moving average is $70.84.

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.