Temenos Group (OTCMKTS:TMSNY) Sees Significant Growth in Short Interest

Temenos Group (OTCMKTS:TMSNY) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 132 shares, an increase of 123.7% from the May 31st total of 59 shares. Based on an average daily trading volume, of 2,638 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Temenos Group Stock Performance

Shares of TMSNY opened at $82.65 on Tuesday. The stock has a 50-day moving average of $88.76 and a 200-day moving average of $91.69. Temenos Group has a one year low of $70.21 and a one year high of $107.27. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.58 and a quick ratio of 0.58. The company has a market cap of $5.62 billion, a PE ratio of 54.38, a P/E/G ratio of 1.61 and a beta of 0.74.

Analyst Ratings Changes

A number of research firms have issued reports on TMSNY. Barclays upgraded Temenos Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 4th. Citigroup upgraded shares of Temenos Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 14th. Finally, Berenberg Bank raised shares of Temenos Group to a “hold” rating in a research note on Friday, March 20th. Two analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy”.

About Temenos Group

Temenos Group is a leading provider of banking software systems, specializing in core banking platforms and digital front‐end solutions for financial institutions worldwide. The company’s flagship product, Temenos Transact, delivers end‐to‐end core banking functionality, enabling banks to manage accounts, deposits, loans and payments on a unified platform. Complementing this offering, Temenos Infinity provides digital banking capabilities, including online and mobile channels, customer onboarding, relationship management and analytics tools designed to enhance customer engagement and operational efficiency.

Founded in Geneva in 1993, Temenos serves more than 3,000 financial institutions across over 150 countries, ranging from community banks and credit unions to global systemically important banks.