Short Interest in Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) Increases By 800.5%

Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 164,800 shares, a growth of 800.5% from the January 31st total of 18,300 shares. Based on an average daily volume of 761,600 shares, the short-interest ratio is presently 0.2 days.

Falcon Oil & Gas Stock Performance

Falcon Oil & Gas stock traded down $0.01 during midday trading on Friday, reaching $0.08. The stock had a trading volume of 130,901 shares, compared to its average volume of 276,697. The company has a fifty day moving average of $0.08 and a 200 day moving average of $0.07. Falcon Oil & Gas has a 52-week low of $0.04 and a 52-week high of $0.14.

About Falcon Oil & Gas

Falcon Oil & Gas Ltd., an oil and gas company, engages in the exploration and development of unconventional oil and gas assets in Australia, South Africa, and Hungary. The company holds 22.5% interests in three exploration permits covering an area of approximately 1 million net acres in the Beetaloo Sub-basin, Northern Territory, Australia.