Short Interest in Altigen Communications, Inc. (OTCMKTS:ATGN) Grows By 15.4%

Altigen Communications, Inc. (OTCMKTS:ATGN) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 1,500 shares, a growth of 15.4% from the August 31st total of 1,300 shares. Based on an average daily volume of 32,000 shares, the short-interest ratio is currently 0.0 days.

Altigen Communications Price Performance

OTCMKTS:ATGN traded up $0.01 on Friday, hitting $0.61. 27,000 shares of the company’s stock were exchanged, compared to its average volume of 50,077. Altigen Communications has a 52 week low of $0.42 and a 52 week high of $0.99. The company has a market cap of $15.20 million, a P/E ratio of -4.36 and a beta of 1.25. The firm has a 50-day moving average price of $0.62 and a 200-day moving average price of $0.71.

Altigen Communications (OTCMKTS:ATGN) last announced its earnings results on Thursday, August 1st. The technology company reported $0.01 EPS for the quarter. The firm had revenue of $3.28 million for the quarter. Altigen Communications had a positive return on equity of 0.93% and a negative net margin of 24.94%.

About Altigen Communications

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.