Temenos Group (OTCMKTS:TMSNY) Short Interest Update

Key Points

• Temenos Group experienced a significant decline in short interest, dropping by 80% from June 30th, with just 100 shares sold short as of July 15th.
• The company's stock price increased by $1.59 to reach $91.62 during trading, with shares exchanging hands at a volume of 1,482 compared to its average of 4,813.
• Temenos Group recently raised its dividend to $0.9769 per share, up from $0.80, reflecting a dividend yield of 1.31%.

Temenos Group (OTCMKTS:TMSNY - Get Free Report) saw a large decrease in short interest in July. As of July 15th, there was short interest totalling 100 shares, a decrease of 80.0% from the June 30th total of 500 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 5,200 shares, the days-to-cover ratio is currently 0.0 days.

Temenos Group Price Performance

Shares of TMSNY traded up $1.59 during trading hours on Tuesday, hitting $91.62. 1,482 shares of the company were exchanged, compared to its average volume of 4,813. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.59 and a current ratio of 0.59. Temenos Group has a fifty-two week low of $63.06 and a fifty-two week high of $93.20. The firm's fifty day moving average is $75.52 and its 200 day moving average is $77.98.

Temenos Group Increases Dividend

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

Analyst Ratings Changes

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

About Temenos Group

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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