Temenos AG (OTCMKTS:TMSNY - Get Free Report) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 6,300 shares, an increase of 384.6% from the December 31st total of 1,300 shares. Based on an average daily volume of 13,600 shares, the short-interest ratio is currently 0.5 days.
Shares of OTCMKTS TMSNY traded up $0.48 during midday trading on Thursday, reaching $85.83. 3,046 shares of the company traded hands, compared to its average volume of 4,845. The stock's 50-day simple moving average is $73.00 and its 200-day simple moving average is $70.84. Temenos has a 12 month low of $55.28 and a 12 month high of $103.58.
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.
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