Temenos AG (OTCMKTS:TMSNY) Sees Large Growth in Short Interest

Temenos AG (OTCMKTS:TMSNY - Get Free Report) was the recipient of a significant increase in short interest during 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 daily volume of 10,000 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Temenos Trading Up 0.3%

TMSNY stock traded up $0.22 during mid-day trading on Friday, hitting $73.86. 2,814 shares of the stock were exchanged, compared to its average volume of 5,551. The business has a fifty day moving average price of $74.56 and a 200 day moving average price of $76.02. Temenos has a 12 month low of $62.39 and a 12 month high of $90.90.

Temenos Increases Dividend

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

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Temenos in a research note on Thursday, April 24th.

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.