Temenos AG (OTCMKTS:TMNSF) Sees Significant Growth in Short Interest

Temenos AG (OTCMKTS:TMNSF - Get Free Report) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 649,100 shares, an increase of 29.0% from the February 13th total of 503,000 shares. Approximately 0.9% of the company's shares are sold short. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 6,491.0 days.

Temenos Price Performance

TMNSF stock remained flat at $77.31 during midday trading on Thursday. The business's fifty day simple moving average is $80.74 and its two-hundred day simple moving average is $75.85. Temenos has a 1-year low of $70.83 and a 1-year high of $87.56.

Temenos Company Profile

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.