Altigen Communications, Inc. (OTCMKTS:ATGN) Sees Large Growth in Short Interest

Altigen Communications, Inc. (OTCMKTS:ATGN) was the target of a large growth in short interest in November. As of November 30th, there was short interest totalling 17,900 shares, a growth of 8,850.0% from the November 15th total of 200 shares. Based on an average trading volume of 144,300 shares, the short-interest ratio is currently 0.1 days.

Altigen Communications Trading Up 4.3 %

OTCMKTS ATGN traded up $0.03 during trading on Wednesday, hitting $0.72. 58,288 shares of the company’s stock were exchanged, compared to its average volume of 48,453. The stock’s 50 day moving average price is $0.62 and its two-hundred day moving average price is $0.65. Altigen Communications has a fifty-two week low of $0.42 and a fifty-two week high of $0.99. The company has a market cap of $17.94 million, a PE ratio of -5.54 and a beta of 1.23.

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.