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

AltiGen Communications Inc. (OTCMKTS:ATGN) saw a significant increase in short interest in January. As of January 15th, there was short interest totaling 521 shares, an increase of 421.0% from the December 31st total of 100 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 23,189 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 23,189 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

AltiGen Communications Trading Down 2.4%

Shares of ATGN opened at $0.43 on Wednesday. AltiGen Communications has a 52 week low of $0.33 and a 52 week high of $0.72. The firm has a market cap of $10.99 million, a price-to-earnings ratio of 21.26 and a beta of 1.05. The stock has a 50 day moving average of $0.50 and a 200-day moving average of $0.58.

AltiGen Communications (OTCMKTS:ATGN) last released its earnings results on Thursday, December 18th. The technology company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $3.47 million for the quarter. AltiGen Communications had a return on equity of 7.07% and a net margin of 5.33%.

AltiGen Communications Company Profile

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.