Short Interest in Temenos AG (OTCMKTS:TMSNY) Increases By 1,300.0%

Temenos AG (OTCMKTS:TMSNY - Get Free Report) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 1,400 shares, an increase of 1,300.0% from the April 30th total of 100 shares. Based on an average trading volume of 10,000 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company's shares are sold short.

Analyst Upgrades and Downgrades

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

Temenos Price Performance

Shares of TMSNY traded up $1.04 during midday trading on Monday, reaching $74.68. 4,776 shares of the stock were exchanged, compared to its average volume of 5,556. Temenos has a 52 week low of $63.06 and a 52 week high of $90.90. The company's 50 day moving average is $74.56 and its two-hundred day moving average is $76.02.

Temenos Increases Dividend

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

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.