Short Interest in Altigen Communications, Inc. (OTCMKTS:ATGN) Declines By 86.4%

Altigen Communications, Inc. (OTCMKTS:ATGNGet Rating) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totalling 300 shares, a decrease of 86.4% from the April 30th total of 2,200 shares. Based on an average daily volume of 85,600 shares, the short-interest ratio is presently 0.0 days.

Shares of OTCMKTS:ATGN traded down $0.03 on Wednesday, hitting $1.00. The company had a trading volume of 73,776 shares, compared to its average volume of 63,926. The business has a 50 day moving average of $1.26 and a 200 day moving average of $1.35. Altigen Communications has a 52-week low of $0.96 and a 52-week high of $2.55. The company has a market cap of $24.22 million, a PE ratio of -99.90 and a beta of 1.26.

About Altigen Communications (Get Rating)

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.

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