Short Interest in Temenos AG (OTCMKTS:TMSNY) Declines By 18.2%

Temenos AG (OTCMKTS:TMSNY) was the target of a large decline in short interest in May. As of May 31st, there was short interest totalling 4,500 shares, a decline of 18.2% from the May 15th total of 5,500 shares. Based on an average trading volume of 14,500 shares, the short-interest ratio is currently 0.3 days.

Temenos Price Performance

Shares of Temenos stock traded down $0.45 during trading on Friday, hitting $67.11. 3,143 shares of the company’s stock traded hands, compared to its average volume of 5,565. The firm’s fifty day moving average price is $65.54 and its 200 day moving average price is $78.43. Temenos has a twelve month low of $55.28 and a twelve month high of $103.63.

Temenos Increases Dividend

The company also recently declared a dividend, which was paid on Friday, May 24th. Shareholders of record on Monday, May 13th were given a $0.8044 dividend. The ex-dividend date of this dividend was Friday, May 10th. This is a positive change from Temenos’s previous dividend of $0.71.

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.