Short Interest in Allot Communications Ltd (NASDAQ:ALLT) Increases By 36.7%

Allot Communications Ltd (NASDAQ:ALLT) saw a large increase in short interest in November. As of November 30th, there was short interest totalling 60,400 shares, an increase of 36.7% from the November 15th total of 44,200 shares. Based on an average trading volume of 205,700 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

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

Allot Communications Stock Down 0.6 %

NASDAQ ALLT opened at $5.27 on Friday. Allot Communications has a twelve month low of $1.39 and a twelve month high of $5.50. The stock has a market cap of $202.59 million, a PE ratio of -8.11 and a beta of 1.09. The firm has a 50-day simple moving average of $3.86 and a 200 day simple moving average of $3.17. The company has a debt-to-equity ratio of 0.83, a quick ratio of 2.06 and a current ratio of 2.32.

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.