Altigen Communications, Inc. (OTCMKTS:ATGN) Short Interest Update

Altigen Communications, Inc. (OTCMKTS:ATGN) was the target of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 3,500 shares, a drop of 47.0% from the October 15th total of 6,600 shares. Based on an average trading volume of 58,900 shares, the days-to-cover ratio is presently 0.1 days.

Altigen Communications Stock Performance

ATGN traded down $0.04 during trading on Friday, hitting $0.57. 62,118 shares of the stock were exchanged, compared to its average volume of 31,021. The firm has a market cap of $14.08 million, a price-to-earnings ratio of 60.00 and a beta of 1.23. The firm has a 50 day simple moving average of $0.61 and a 200 day simple moving average of $0.67. Altigen Communications has a 1 year low of $0.42 and a 1 year high of $0.99.

Altigen Communications Company Profile

Altigen Communications, Inc designs, develops, markets, and supports integrated communications solutions worldwide. It provides MaxCS IP-PBX, a software-based phone system that provides customers with business communications solutions; MaxACD Voice Over Internet Protocol (VoIP) Contact Center, a software-based automatic call distribution engine, which offers call routing and call distribution options; MaxMobile that extends a set of business PBX functionality to smart phone devices; and MaxCommunicator, a Windows-based desktop application, which provides call control and visual voice mail management to the desktop.