Altigen Communications, Inc. (OTCMKTS:ATGN) Short Interest Up 2,000.0% in February

Altigen Communications, Inc. (OTCMKTS:ATGN) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 2,100 shares, an increase of 2,000.0% from the February 13th total of 100 shares. Based on an average trading volume of 62,800 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Altigen Communications Stock Performance

Shares of ATGN stock opened at $0.58 on Friday. The stock has a fifty day simple moving average of $0.63 and a two-hundred day simple moving average of $0.64. The firm has a market capitalization of $14.99 million, a PE ratio of 9.67 and a beta of 1.25. Altigen Communications has a 52-week low of $0.42 and a 52-week high of $0.89.

Altigen Communications (OTCMKTS:ATGN) last released its quarterly earnings data on Thursday, February 27th. The technology company reported $0.01 earnings per share for the quarter. The firm had revenue of $3.38 million during the quarter. Altigen Communications had a return on equity of 3.89% and a net margin of 11.45%.

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.