Short Interest in AltiGen Communications Inc. (OTCMKTS:ATGN) Increases By 1,089.7%

AltiGen Communications Inc. (OTCMKTS:ATGN) was the recipient of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 4,604 shares, an increase of 1,089.7% from the February 26th total of 387 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 51,697 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 51,697 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

AltiGen Communications Price Performance

Shares of OTCMKTS ATGN opened at $0.49 on Wednesday. The stock’s 50-day moving average is $0.45 and its two-hundred day moving average is $0.53. AltiGen Communications has a 1-year low of $0.33 and a 1-year high of $0.72. The company has a market cap of $12.72 million, a price-to-earnings ratio of 24.58 and a beta of 1.04.

About AltiGen Communications

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.