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

Temenos AG (OTCMKTS:TMNSF) saw a significant decrease in short interest in January. As of January 31st, there was short interest totalling 567,000 shares, a decrease of 23.5% from the January 15th total of 741,200 shares. Based on an average daily trading volume, of 4,600 shares, the short-interest ratio is presently 123.3 days.

Temenos Stock Performance

TMNSF stock remained flat at $87.56 during midday trading on Friday. Temenos has a 1-year low of $70.83 and a 1-year high of $87.56. The company’s 50 day moving average is $75.94 and its 200-day moving average is $74.31.

About Temenos

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.