AltiGen Communications Inc. (OTCMKTS:ATGN) Shares Shorted: Short Interest Up 661.0% in September

by · The Markets Daily

AltiGen Communications Inc. (OTCMKTS:ATGN – Get Free Report) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 761 shares, a growth of 661.0% from the September 15th total of 100 shares. Based on an average trading volume of 57,814 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

AltiGen Communications Stock Performance

Shares of OTCMKTS ATGN opened at $0.45 on Monday. The stock’s 50-day moving average is $0.48 and its 200 day moving average is $0.47. The stock has a market cap of $11.54 million, a price-to-earnings ratio of 22.31 and a beta of 1.10. AltiGen Communications has a 1-year low of $0.35 and a 1-year high of $0.67.

AltiGen Communications (OTCMKTS:ATGN – Get Free Report) last issued its earnings results on Tuesday, August 11th. The technology company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $3.02 million during the quarter. AltiGen Communications had a return on equity of 7.19% and a net margin of 4.47%.

About AltiGen Communications

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AltiGen Communications, Inc develops and provides business communications and contact center technology. The company’s offerings are designed to help organizations manage voice communications, unified communications, customer interactions and collaboration across office, remote and mobile environments.

Its product portfolio has included MaxCS, an IP-based communications and contact center platform; MaxCloud, a hosted communications service; and related applications for automated call distribution, interactive voice response, mobility, conferencing, reporting and customer relationship management integration.

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