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

Allot Communications Ltd (NASDAQ:ALLT - Get Free Report) was the recipient of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 60,400 shares, a growth of 36.7% from the November 15th total of 44,200 shares. Based on an average daily trading volume, of 205,700 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

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

Allot Communications Price Performance

Shares of ALLT traded down $0.03 during mid-day trading on Friday, reaching $5.27. The company had a trading volume of 483,902 shares, compared to its average volume of 137,056. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.32 and a quick ratio of 2.06. The company has a market capitalization of $202.59 million, a P/E ratio of -8.11 and a beta of 1.09. Allot Communications has a twelve month low of $1.39 and a twelve month high of $5.50. The company's 50-day moving average is $3.86 and its 200-day moving average is $3.17.

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.