Altigen Communications, Inc. (OTCMKTS:ATGN) Sees Significant Decrease in Short Interest

Altigen Communications, Inc. (OTCMKTS:ATGN) was the target of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 3,500 shares, a drop of 47.0% from the October 15th total of 6,600 shares. Based on an average trading volume of 58,900 shares, the short-interest ratio is presently 0.1 days.

Altigen Communications Stock Performance

OTCMKTS ATGN opened at $0.60 on Thursday. The firm’s fifty day moving average is $0.61 and its two-hundred day moving average is $0.67. Altigen Communications has a one year low of $0.42 and a one year high of $0.99. The firm has a market cap of $14.95 million, a PE ratio of -4.62 and a beta of 1.23.

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.