Altigen Communications, Inc. (OTCMKTS:ATGN) Short Interest Down 87.1% in July

Altigen Communications, Inc. (OTCMKTS:ATGN) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totalling 400 shares, a decline of 87.1% from the July 15th total of 3,100 shares. Based on an average daily trading volume, of 82,400 shares, the short-interest ratio is currently 0.0 days.

Altigen Communications Stock Performance

Shares of OTCMKTS:ATGN traded up $0.03 during trading on Monday, hitting $0.64. The company’s stock had a trading volume of 42,800 shares, compared to its average volume of 54,961. The company has a market capitalization of $16.02 million, a PE ratio of -4.59 and a beta of 1.26. The business has a 50 day moving average price of $0.68 and a two-hundred day moving average price of $0.75. Altigen Communications has a fifty-two week low of $0.42 and a fifty-two week high of $1.17.

Altigen Communications (OTCMKTS:ATGN) last posted its quarterly earnings results on Thursday, August 1st. The technology company reported $0.01 earnings per share for the quarter. Altigen Communications had a negative net margin of 24.94% and a positive return on equity of 0.93%. The business had revenue of $3.28 million for the quarter.

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.