Short Interest in Temenos AG (OTCMKTS:TMNSF) Decreases By 23.5%

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

Temenos Price Performance

TMNSF stock opened at $87.56 on Friday. Temenos has a 12 month low of $70.83 and a 12 month high of $87.56. The company’s 50-day moving average price is $75.94 and its two-hundred day moving average price is $74.32.

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.