Allot Communications Ltd (NASDAQ:ALLT) Short Interest Up 155.6% in December

Allot Communications Ltd (NASDAQ:ALLT) saw a significant growth in short interest in December. As of December 31st, there was short interest totalling 200,900 shares, a growth of 155.6% from the December 15th total of 78,600 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 475,000 shares, the short-interest ratio is presently 0.4 days.

Analyst Ratings Changes

Separately, StockNews.com upgraded Allot Communications from a “hold” rating to a “buy” rating in a research report on Wednesday, November 20th.

Institutional Investors Weigh In On Allot Communications

A hedge fund recently raised its stake in Allot Communications stock. FNY Investment Advisers LLC raised its stake in Allot Communications Ltd (NASDAQ:ALLT) by 345.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,537 shares of the communications equipment provider’s stock after purchasing an additional 26,778 shares during the quarter. FNY Investment Advisers LLC owned about 0.09% of Allot Communications worth $205,000 at the end of the most recent quarter. 51.50% of the stock is owned by institutional investors and hedge funds.

Allot Communications Stock Down 12.6 %

ALLT opened at $6.88 on Wednesday. Allot Communications has a 12 month low of $1.46 and a 12 month high of $8.15. The business has a 50-day moving average of $5.07 and a two-hundred day moving average of $3.77. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.32 and a quick ratio of 2.06. The stock has a market capitalization of $264.48 million, a price-to-earnings ratio of -10.58 and a beta of 1.00.

Allot Communications Company Profile

Allot Communications Ltd. is a provider of leading innovative network intelligence and security solutions for service providers worldwide, enhancing value to their customers. Their solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more.