Temenos Group (OTCMKTS:TMSNY) Sees Significant Increase in Short Interest

Key Points

• TEMENOS GROUP (OTCMKTS:TMSNY) experienced a remarkable 2,300.0% increase in short interest in July, totaling 2,400 shares as of July 31st.
• The company recently announced an increased dividend of $0.9769 per share, which reflects a yield of 131.0%, up from the previous dividend of $0.80.
• Deutsche Bank reiterated a "hold" rating for TEMENOS GROUP in a recent research note, indicating cautious sentiment from analysts regarding the stock.

Temenos Group (OTCMKTS:TMSNY - Get Free Report) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 2,400 shares, anincreaseof2,300.0% from the July 15th total of 100 shares. Approximately0.0% of the shares of the company are sold short. Based on an average daily volume of 8,500 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 8,500 shares, the short-interest ratio is presently 0.3 days. Approximately0.0% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

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

Temenos Group Stock Down 1.5%

TMSNY traded down $1.32 during trading on Monday, reaching $89.10. 41 shares of the company were exchanged, compared to its average volume of 4,803. The firm has a 50 day moving average of $79.96 and a 200 day moving average of $78.79. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.59 and a quick ratio of 0.59. Temenos Group has a 52 week low of $63.06 and a 52 week high of $93.20.

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.