Allot Communications Ltd (NASDAQ:ALLT – Get Free Report) saw a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 60,400 shares, an increase of 36.7% from the November 15th total of 44,200 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 205,700 shares, the days-to-cover ratio is presently 0.3 days.
Analysts Set New Price Targets
Separately, StockNews.com upgraded shares of Allot Communications from a “hold” rating to a “buy” rating in a research report on Wednesday, November 20th.
Read Our Latest Analysis on Allot Communications
Allot Communications Stock Down 0.6 %
About Allot Communications
Allot Communications Ltd. is a provider of leading innovative network intelligence and security solutions for service providers worldwide, enhancing value to their customers. Their solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more.
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