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

Altigen Communications, Inc. (OTCMKTS:ATGN) was the target of a large increase in short interest in November. As of November 30th, there was short interest totalling 17,900 shares, an increase of 8,850.0% from the November 15th total of 200 shares. Based on an average trading volume of 144,300 shares, the days-to-cover ratio is presently 0.1 days.

Altigen Communications Price Performance

Shares of OTCMKTS:ATGN opened at $0.72 on Friday. The business’s 50 day moving average is $0.63 and its 200 day moving average is $0.65. Altigen Communications has a 12-month low of $0.42 and a 12-month high of $0.99. The stock has a market cap of $17.82 million, a price-to-earnings ratio of -5.50 and a beta of 1.23.

Altigen Communications (OTCMKTS:ATGN) last posted its quarterly earnings data on Thursday, December 12th. The technology company reported $0.02 earnings per share (EPS) for the quarter. Altigen Communications had a negative net margin of 24.94% and a positive return on equity of 0.94%.

About Altigen Communications

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.