Altigen Communications, Inc. (OTCMKTS:ATGN) Short Interest Down 47.0% in October

Altigen Communications, Inc. (OTCMKTS:ATGN) was the target of a large drop in short interest in 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 daily trading volume, of 58,900 shares, the days-to-cover ratio is presently 0.1 days.

Altigen Communications Stock Performance

Shares of ATGN opened at $0.61 on Wednesday. The stock has a market capitalization of $15.26 million, a PE ratio of -4.46 and a beta of 1.23. The company’s fifty day moving average is $0.61 and its 200 day moving average is $0.67. Altigen Communications has a fifty-two week low of $0.42 and a fifty-two week high of $0.99.

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.