AltiGen Communications Inc. (OTCMKTS:ATGN) Short Interest Down 93.6% in July

AltiGen Communications Inc. (OTCMKTS:ATGN) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 100 shares, a decrease of 93.6% from the June 30th total of 1,563 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 9,557 shares, the days-to-cover ratio is currently 0.0 days.

AltiGen Communications Price Performance

OTCMKTS ATGN opened at $0.47 on Friday. AltiGen Communications has a 52 week low of $0.35 and a 52 week high of $0.72. The business’s fifty day simple moving average is $0.49 and its 200-day simple moving average is $0.46. The firm has a market cap of $12.16 million, a PE ratio of 23.51 and a beta of 0.97.

AltiGen Communications (OTCMKTS:ATGN) last announced its quarterly earnings data on Thursday, May 7th. The technology company reported $0.02 earnings per share (EPS) for the quarter. AltiGen Communications had a net margin of 5.02% and a return on equity of 7.81%.

About AltiGen Communications

AltiGen Communications, Inc is a provider of voice-over-IP (VoIP) telephony and unified communications solutions designed primarily for small and medium-sized businesses. The company offers a range of IP-based PBX systems, contact center applications and unified messaging products that enable organizations to streamline inbound and outbound voice traffic, automate call routing and integrate voice mail, e-mail and conferencing functions into a single platform.

Founded in the mid-1990s and headquartered in California, AltiGen develops both hardware appliances and software modules that support analog, digital and SIP-based telephony endpoints.