Short Interest in Altigen Communications, Inc. (OTCMKTS:ATGN) Decreases By 31.3%

Altigen Communications, Inc. (OTCMKTS:ATGN) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totalling 12,300 shares, a decline of 31.3% from the November 30th total of 17,900 shares. Based on an average daily trading volume, of 172,700 shares, the days-to-cover ratio is currently 0.1 days.

Altigen Communications Trading Up 1.4 %

Shares of OTCMKTS:ATGN traded up $0.01 during trading on Friday, reaching $0.73. The company had a trading volume of 28,394 shares, compared to its average volume of 50,091. The company has a fifty day moving average of $0.65 and a two-hundred day moving average of $0.65. The stock has a market capitalization of $18.13 million, a P/E ratio of -5.60 and a beta of 1.23. Altigen Communications has a 12 month low of $0.42 and a 12 month high of $0.99.

Altigen Communications (OTCMKTS:ATGN) last issued its earnings results on Thursday, December 12th. The technology company reported $0.02 earnings per share (EPS) for the quarter. Altigen Communications had a positive return on equity of 0.94% and a negative net margin of 24.94%.

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.