Short Interest in Temenos AG (OTCMKTS:TMSNY) Rises By 95.6%

Temenos AG (OTCMKTS:TMSNY) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totalling 8,800 shares, an increase of 95.6% from the May 31st total of 4,500 shares. Based on an average daily trading volume, of 11,000 shares, the days-to-cover ratio is presently 0.8 days.

Temenos Price Performance

Shares of Temenos stock traded up $0.76 during mid-day trading on Friday, hitting $69.17. 1,937 shares of the stock were exchanged, compared to its average volume of 5,557. Temenos has a 12 month low of $55.28 and a 12 month high of $103.63. The company has a 50-day simple moving average of $64.95 and a 200 day simple moving average of $77.26.

Temenos Increases Dividend

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

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.