Short Interest in AltiGen Communications Inc. (OTCMKTS:ATGN) Increases By 421.0%

AltiGen Communications Inc. (OTCMKTS:ATGN) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 521 shares, a growth of 421.0% from the December 31st total of 100 shares. Based on an average trading volume of 23,189 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 23,189 shares, the short-interest ratio is presently 0.0 days.

AltiGen Communications Stock Down 2.4%

OTCMKTS:ATGN opened at $0.43 on Wednesday. The company has a market cap of $10.99 million, a P/E ratio of 21.26 and a beta of 1.05. AltiGen Communications has a twelve month low of $0.33 and a twelve month high of $0.72. The business has a 50 day moving average price of $0.50 and a two-hundred day moving average price of $0.58.

AltiGen Communications (OTCMKTS:ATGN) last released its earnings results on Thursday, December 18th. The technology company reported $0.01 earnings per share (EPS) for the quarter. AltiGen Communications had a return on equity of 7.07% and a net margin of 5.33%.The business had revenue of $3.47 million for the quarter.

AltiGen Communications Company Profile

AltiGen Communications, Inc is a provider of voice-over-IP (VoIP) telephony and unified communications solutions designed primarily for small and medium-sized businesses. The company offers a range of IP-based PBX systems, contact center applications and unified messaging products that enable organizations to streamline inbound and outbound voice traffic, automate call routing and integrate voice mail, e-mail and conferencing functions into a single platform.

Founded in the mid-1990s and headquartered in California, AltiGen develops both hardware appliances and software modules that support analog, digital and SIP-based telephony endpoints.