FalconStor Software, Inc. (OTCMKTS:FALC) Sees Large Growth in Short Interest

FalconStor Software, Inc. (OTCMKTS:FALC) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 400 shares, an increase of 33.3% from the August 15th total of 300 shares. Based on an average daily volume of 2,000 shares, the short-interest ratio is currently 0.2 days.

FalconStor Software Stock Performance

FALC stock traded down $0.13 on Monday, reaching $1.25. The company’s stock had a trading volume of 7,500 shares, compared to its average volume of 2,051. The business has a fifty day simple moving average of $1.64 and a two-hundred day simple moving average of $1.82. The firm has a market cap of $8.92 million, a PE ratio of -23.00 and a beta of 2.16. FalconStor Software has a 12-month low of $0.57 and a 12-month high of $2.60.

FalconStor Software (OTCMKTS:FALC) last posted its quarterly earnings data on Wednesday, August 7th. The software maker reported ($0.07) EPS for the quarter. The business had revenue of $2.36 million for the quarter. FalconStor Software had a negative return on equity of 9.90% and a net margin of 14.90%.

FalconStor Software Company Profile

FalconStor Software, Inc, a storage software company, enables enterprise customers and managed service providers to secure, migrate, and protect their data worldwide. It offers FalconStor Virtual Tape Library, a software that emulates and replaces cumbersome physical tape libraries for archive related data preservation without being replacing their enterprise backup and archive software and associated processes; FalconStor StorSafe, a long-term archive data management software; FalconStor Continuous Data Protector delivers instant data availability, and reliable recovery; and FalconStor Network Storage Server for data storage virtualization and business continuity in heterogeneous environments.