Short Interest in TEMENOS GROUP (OTCMKTS:TMSNY) Grows By 1,100.0%

Key Points

• Short interest in Temenos Group increased by 1,100.0% in September, totaling 1,200 shares compared to 100 shares in August.
• Temenos Group's stock saw a slight gain of 1.0%, trading at $80.83, with a daily volume of 6,462 shares.
• Zacks Research downgraded Temenos Group from a "strong-buy" to a "hold" rating, indicating a shift in analyst sentiment.

TEMENOS GROUP (OTCMKTS:TMSNY - Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,200 shares, an increase of 1,100.0% from the August 31st total of 100 shares. Based on an average daily volume of 22,800 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 22,800 shares, the short-interest ratio is presently 0.1 days.

TEMENOS GROUP Stock Up 1.0%

Shares of TMSNY stock traded up $0.82 during trading hours on Tuesday, hitting $80.83. 6,462 shares of the company were exchanged, compared to its average volume of 5,330. TEMENOS GROUP has a 52 week low of $63.06 and a 52 week high of $93.20. The business has a 50 day moving average of $86.18 and a two-hundred day moving average of $78.80. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.73.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered TEMENOS GROUP from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 23rd. Two analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of "Hold".

TEMENOS GROUP 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.

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