Short Interest in AltiGen Communications Inc. (OTCMKTS:ATGN) Drops By 91.6%

AltiGen Communications Inc. (OTCMKTS:ATGN) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 1,400 shares, a decrease of 91.6% from the September 30th total of 16,600 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 33,700 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 33,700 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

AltiGen Communications Stock Up 6.4%

ATGN stock opened at $0.64 on Tuesday. The company has a market capitalization of $16.62 million, a P/E ratio of 7.15 and a beta of 1.04. The company has a 50-day simple moving average of $0.63 and a 200 day simple moving average of $0.59. AltiGen Communications has a fifty-two week low of $0.33 and a fifty-two week high of $0.84.

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.