Short Interest Don’t Lie: What’s Allot Communications Limited Ord (NASDAQ:ALLT) Upside After This Short Interest Increase?

November 24, 2016 - By Marie Mckinney   ·   0 Comments

Short Interest Don't Lie: What's Allot Communications Limited Ord (NASDAQ:ALLT) Upside After This Short Interest Increase?

The stock of Allot Communications Limited Ord (NASDAQ:ALLT) registered an increase of 0.05% in short interest. ALLT’s total short interest was 625,800 shares in November as published by FINRA. Its up 0.05% from 625,500 shares, reported previously. With 80,700 shares average volume, it will take short sellers 8 days to cover their ALLT’s short positions. The short interest to Allot Communications Limited Ord’s float is 2.22%. The stock decreased 2.02% or $0.1 on November 23, hitting $4.85. About 114,297 shares traded hands or 31.39% up from the average. Allot Communications Ltd (NASDAQ:ALLT) has declined 9.51% since April 22, 2016 and is downtrending. It has underperformed by 14.92% the S&P500.

Allot Communications Ltd. is a global well-known provider of security and monetization solutions that enable mobile, fixed and enterprise service providers to protect and personalize the digital experience. The company has a market cap of $617.48 million. The Firm has a global and diverse customer base composed of mobile and fixed broadband service providers, cable operators, private networks, data centers, governments and enterprises, such as financial and educational institutions. It currently has negative earnings. The Company’s integrated solutions include analytics, traffic management, video caching and optimization, policy control and charging, service enablement and security solutions.

Insitutional Activity: The institutional sentiment increased to 0.78 in Q2 2016. Its up 0.26, from 0.52 in 2016Q1. The ratio is positive, as 8 funds sold all Allot Communications Ltd shares owned while 13 reduced positions. 4 funds bought stakes while 7 increased positions. They now own 12.53 million shares or 9.83% more from 11.41 million shares in 2016Q1.
Oxford Asset Mngmt reported 27,958 shares or 0.01% of all its holdings. Winslow Evans Crocker Inc has invested 0% of its portfolio in Allot Communications Ltd (NASDAQ:ALLT). J Goldman & L P accumulated 0.07% or 282,197 shares. Rice Hall James & Associate Lc owns 280,941 shares or 0.08% of their US portfolio. Morgan Stanley holds 0% of its portfolio in Allot Communications Ltd (NASDAQ:ALLT) for 36,487 shares. Boothbay Fund Mgmt Ltd Liability Corporation accumulated 0.06% or 23,853 shares. Granahan Invest Management Ma owns 1.16M shares or 0.21% of their US portfolio. The California-based California Employees Retirement Sys has invested 0% in Allot Communications Ltd (NASDAQ:ALLT). Geode Capital Mgmt Ltd Limited Liability Company reported 16,041 shares or 0% of all its holdings. Oppenheimer And, a New York-based fund reported 15,100 shares. Products Prtn Ltd Liability Co holds 0.01% of its portfolio in Allot Communications Ltd (NASDAQ:ALLT) for 14,100 shares. Gsa Cap Limited Liability Partnership holds 19,100 shares or 0.01% of its portfolio. Fmr Ltd Company last reported 0% of its portfolio in the stock. Menora Mivtachim Ltd holds 0.18% or 642,539 shares in its portfolio. Deutsche Commercial Bank Ag has 1,740 shares for 0% of their US portfolio.

ALLT Company Profile

Allot Communications Ltd. (Allot), incorporated on November 12, 1996, is a well-known provider of intelligent Internet Protocol (IP) service optimization, monetization and personalization solutions for mobile, fixed and wireless broadband service providers and enterprises. Allot’s portfolio of hardware platforms and software applications uses its deep packet inspection (DPI) technology, which it refer to as Dynamic Actionable Recognition Technology (DART), to transform broadband connections or pipes into smart networks that can manage data traffic efficiently and rapidly deploy value-added services. The resulting intelligent, content-aware broadband networks enable its clients to monitor and manage IP traffic per application, subscriber, network topology and device. The Firm has a global, diversified end-customer base consisting primarily of mobile and fixed service providers, cable operators, private networks, data centers, governments and enterprises, such as financial and educational institutions. In May 2012, the Company completed the acquisition of Ortiva Wireless. In September 2012, it acquired Oversi Networks.

More recent Allot Communications Ltd (NASDAQ:ALLT) news were published by: Prnewswire.com which released: “Allot Communications Announces Third Quarter 2016 Financial Results” on November 01, 2016. Also Prnewswire.com published the news titled: “Allot Communications Announces First Quarter 2016 Financial Results” on May 03, 2016. Prnewswire.com‘s news article titled: “Allot Communications Service Gateway Virtual Edition Powers Amdocs Policy …” with publication date: November 07, 2016 was also an interesting one.

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By Marie Mckinney


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