Allot Communications Ltd (NASDAQ:ALLT) Short Interest Up 30.1% in December

Allot Communications Ltd (NASDAQ:ALLT) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 78,600 shares, an increase of 30.1% from the November 30th total of 60,400 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 305,500 shares, the short-interest ratio is currently 0.3 days.

Allot Communications Stock Performance

NASDAQ ALLT opened at $5.92 on Friday. The firm’s fifty day moving average price is $4.22 and its two-hundred day moving average price is $3.34. The stock has a market cap of $227.58 million, a PE ratio of -9.11 and a beta of 1.09. 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 has a fifty-two week low of $1.45 and a fifty-two week high of $5.95.

Wall Street Analyst Weigh In

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

About Allot Communications

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.