After Reaching Milestone, Is Allot Communications LTD. – Ordinary Shares (NASDAQ:ALLT)’s Short Interest Revealing Something?

June 17, 2018 - By Stephen Andrade

Allot Communications Ltd. (NASDAQ:ALLT) Logo

Investors sentiment increased to 1.5 in 2018 Q1. Its up 0.10, from 1.4 in 2017Q4. It improved, as 3 investors sold Allot Communications Ltd. shares while 7 reduced holdings. 7 funds opened positions while 8 raised stakes. 12.62 million shares or 1.42% more from 12.44 million shares in 2017Q4 were reported.
Fmr Lc holds 1.95 million shares. Comml Bank Of Montreal Can invested in 2,251 shares or 0% of the stock. Spark Investment Ltd Com holds 51,400 shares. Ancora Advsr Limited Company holds 0.03% in Allot Communications Ltd. (NASDAQ:ALLT) or 115,687 shares. Foundry Prtnrs Lc invested 0.04% of its portfolio in Allot Communications Ltd. (NASDAQ:ALLT). Tower Cap Limited Com (Trc) has invested 0% in Allot Communications Ltd. (NASDAQ:ALLT). Vanguard Grp Inc reported 0% of its portfolio in Allot Communications Ltd. (NASDAQ:ALLT). Prentiss Smith Company Inc holds 11,293 shares. 118,958 were reported by Deutsche Bancshares Ag. Royal Comml Bank Of Canada holds 0% or 9,900 shares in its portfolio. Geode Capital Mgmt Ltd Liability Corporation holds 0% in Allot Communications Ltd. (NASDAQ:ALLT) or 18,186 shares. Clal Insur Limited accumulated 2.21M shares. Millennium Mgmt Ltd Limited Liability Company holds 11,485 shares. Oppenheimer And stated it has 11,400 shares or 0% of all its holdings. Paw Cap Corp reported 700,000 shares.

The stock of Allot Communications LTD. – Ordinary Shares (NASDAQ:ALLT) registered an increase of 2.56% in short interest. ALLT’s total short interest was 292,100 shares in June as published by FINRA. Its up 2.56% from 284,800 shares, reported previously. With 13,200 shares average volume, it will take short sellers 22 days to cover their ALLT’s short positions. The short interest to Allot Communications LTD. – Ordinary Shares’s float is 1.05%.

The stock increased 0.94% or $0.05 during the last trading session, reaching $5.35. About 65,383 shares traded or 134.27% up from the average. Allot Communications Ltd. (NASDAQ:ALLT) has risen 6.79% since June 17, 2017 and is uptrending. It has underperformed by 5.78% the S&P500.

Allot Communications Ltd. provides visibility, intelligence, security, and monetization solutions that enable service providers and enterprises to protect and personalize the digital experience worldwide. The company has market cap of $179.70 million. The firm offers various platforms, including Allot Service Gateway 9500, Allot Service Gateway Tera, Allot Service Gateway, and Allot NetEnforcer for in-line deployment in traditional and virtualized network access infrastructure. It currently has negative earnings. It also provides subscriber management platforms, such as Allot TierManager, Allot QuotaManager, Allot ChargeSmart, and Allot Smart Engage Onboarding that drive centralized creation, provisioning, and pricing of subscriber services; and analytics solutions comprising Allot ClearSee Analytics and Allot ClearSee Data Source that analyze traffic data.

Another recent and important Allot Communications Ltd. (NASDAQ:ALLT) news was published by Prnewswire.com which published an article titled: “Allot Telco Security Trends Report Reveals CSP Security Services Prove Highly Effective in Protecting Consumers from …” on June 12, 2018.

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