Allot Communications Ltd (NASDAQ:ALLT) Short Interest Up 155.6% in January

Allot Communications Ltd (NASDAQ:ALLT - Get Free Report) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 200,900 shares, a growth of 155.6% from the December 31st total of 78,600 shares. Based on an average daily volume of 475,000 shares, the short-interest ratio is currently 0.4 days. Currently, 0.7% of the shares of the company are short sold.

Allot Communications Stock Performance

Shares of NASDAQ:ALLT traded down $0.03 on Friday, hitting $8.34. The company had a trading volume of 615,184 shares, compared to its average volume of 1,069,032. The stock has a 50 day moving average price of $6.14 and a 200 day moving average price of $4.25. The company has a current ratio of 2.32, a quick ratio of 2.06 and a debt-to-equity ratio of 0.83. The stock has a market cap of $320.59 million, a price-to-earnings ratio of -12.83 and a beta of 1.00. Allot Communications has a 1-year low of $1.70 and a 1-year high of $8.78.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Allot Communications from a "hold" rating to a "buy" rating in a research report on Wednesday, November 20th.

Hedge Funds Weigh In On Allot Communications

A hedge fund recently raised its stake in Allot Communications stock. FNY Investment Advisers LLC boosted its position in Allot Communications Ltd (NASDAQ:ALLT - Free Report) by 345.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,537 shares of the communications equipment provider's stock after purchasing an additional 26,778 shares during the quarter. FNY Investment Advisers LLC owned about 0.09% of Allot Communications worth $205,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 51.50% of the company's stock.

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.