Short Interest in Temenos AG (OTCMKTS:TMSNY) Expands By 85.7%

Temenos AG (OTCMKTS:TMSNY - Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 2,600 shares, a growth of 85.7% from the May 15th total of 1,400 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 6,700 shares, the short-interest ratio is currently 0.4 days.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Temenos in a report on Thursday, April 24th.

Temenos Stock Performance

TMSNY stock traded down $5.19 during trading hours on Monday, reaching $74.07. The stock had a trading volume of 4,054 shares, compared to its average volume of 5,300. The stock has a 50-day simple moving average of $74.46 and a 200 day simple moving average of $76.83. Temenos has a fifty-two week low of $63.06 and a fifty-two week high of $90.90.

Temenos Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, May 29th. Shareholders of record on Monday, May 19th were issued a $0.9769 dividend. This is an increase from Temenos's previous dividend of $0.80. This represents a dividend yield of 1.31%. The ex-dividend date was Friday, May 16th.

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.