Altigen Communications, Inc. (OTCMKTS:ATGN) Sees Significant Increase in Short Interest

Altigen Communications, Inc. (OTCMKTS:ATGN) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totalling 1,500 shares, an increase of 15.4% from the August 31st total of 1,300 shares. Based on an average daily trading volume, of 32,000 shares, the days-to-cover ratio is currently 0.0 days.

Altigen Communications Trading Up 1.3 %

Shares of OTCMKTS ATGN traded up $0.01 during mid-day trading on Friday, reaching $0.61. The company had a trading volume of 27,000 shares, compared to its average volume of 50,077. The stock has a market cap of $15.20 million, a P/E ratio of -4.36 and a beta of 1.25. Altigen Communications has a 52-week low of $0.42 and a 52-week high of $0.99. The firm has a 50 day simple moving average of $0.62 and a two-hundred day simple moving average of $0.71.

Altigen Communications (OTCMKTS:ATGN) last announced its quarterly earnings data on Thursday, August 1st. The technology company reported $0.01 EPS for the quarter. Altigen Communications had a negative net margin of 24.94% and a positive return on equity of 0.93%. The firm had revenue of $3.28 million during the quarter.

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.