Temenos AG (OTCMKTS:TMSNY) Sees Significant Drop in Short Interest

Temenos AG (OTCMKTS:TMSNY) was the recipient of a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 600 shares, a decline of 88.2% from the October 31st total of 5,100 shares. Based on an average daily volume of 33,300 shares, the days-to-cover ratio is currently 0.0 days.

Temenos Stock Performance

Shares of OTCMKTS:TMSNY traded down $0.21 during trading on Thursday, reaching $63.28. 3,221 shares of the company traded hands, compared to its average volume of 8,028. Temenos has a 52-week low of $55.28 and a 52-week high of $103.63. The business’s fifty day moving average is $69.74 and its 200-day moving average is $68.67.

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.