AltiGen Communications Inc. (OTCMKTS:ATGN) Sees Significant Growth in Short Interest

AltiGen Communications Inc. (OTCMKTS:ATGN) was the recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 3,155 shares, a growth of 112.7% from the October 15th total of 1,483 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 18,339 shares, the short-interest ratio is currently 0.2 days.

AltiGen Communications Stock Performance

Shares of OTCMKTS:ATGN traded down $0.01 during mid-day trading on Friday, reaching $0.43. 1,000 shares of the company’s stock were exchanged, compared to its average volume of 8,144. The firm has a market capitalization of $11.13 million, a price-to-earnings ratio of 21.51 and a beta of 1.15. The business’s fifty day moving average price is $0.45 and its 200-day moving average price is $0.47. AltiGen Communications has a twelve month low of $0.35 and a twelve month high of $0.65.

AltiGen Communications Company Profile

AltiGen Communications develops business communications software and services for organizations seeking unified communications and contact center capabilities. Its offerings support voice calling, messaging, collaboration, and customer interactions across business phone systems. The company’s products include the MaxCS platform, which provides IP-based business phone and unified communications functions, along with contact center tools. AltiGen also offers cloud-based communications services, allowing customers to use its solutions without relying solely on on-premises equipment.