Temenos AG (OTCMKTS:TMSNY) Short Interest Update

Temenos AG (OTCMKTS:TMSNY) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totalling 600 shares, a decrease of 76.0% from the September 15th total of 2,500 shares. Based on an average trading volume of 13,900 shares, the days-to-cover ratio is presently 0.0 days.

Shares of OTCMKTS:TMSNY traded up $6.97 on Thursday, hitting $145.69. 5,204 shares of the company’s stock were exchanged, compared to its average volume of 12,845. The business’s 50 day simple moving average is $149.26 and its two-hundred day simple moving average is $153.33. Temenos has a 12 month low of $105.07 and a 12 month high of $170.18.

A number of analysts recently issued reports on the company. Jefferies Financial Group restated a “buy” rating on shares of Temenos in a research report on Wednesday, July 21st. JPMorgan Chase & Co. restated a “neutral” rating on shares of Temenos in a research report on Thursday, July 22nd. Barclays restated an “overweight” rating on shares of Temenos in a research report on Tuesday, July 13th. Finally, Credit Suisse Group set a $154.55 price target on Temenos and gave the stock a “neutral” rating in a research report on Friday, July 23rd. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $141.78.

Temenos Company Profile

Temenos AG is a holding company, which engages in the development, marketing, and sale of banking software systems. It operates through the Products and Services segments. The Product segment markets, licenses, and provides software solutions and subscription arrangements. The Services segment offers consulting and training activities.

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