FalconStor Software, Inc. (OTCMKTS:FALC) Sees Significant Increase in Short Interest

FalconStor Software, Inc. (OTCMKTS:FALC) was the recipient of a significant growth in short interest in January. As of January 31st, there was short interest totalling 200 shares, a growth of 100.0% from the January 15th total of 100 shares. Based on an average daily trading volume, of 2,300 shares, the days-to-cover ratio is presently 0.1 days.

FalconStor Software Stock Performance

Shares of FalconStor Software stock traded up $0.11 on Friday, reaching $1.90. 100 shares of the company were exchanged, compared to its average volume of 1,019. The company’s 50-day moving average is $1.69 and its two-hundred day moving average is $1.57. The firm has a market cap of $13.57 million, a price-to-earnings ratio of -47.50 and a beta of 2.10. FalconStor Software has a 1-year low of $1.05 and a 1-year high of $2.60.

About FalconStor Software

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.