FalconStor Software, Inc. (OTCMKTS:FALC) Short Interest Update

FalconStor Software, Inc. (OTCMKTS:FALC) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 1,100 shares, a growth of 1,000.0% from the February 28th total of 100 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is currently 0.4 days.

FalconStor Software Stock Performance

FalconStor Software stock traded down $0.10 during midday trading on Thursday, reaching $1.45. 260 shares of the company were exchanged, compared to its average volume of 1,698. The firm’s 50-day simple moving average is $1.72 and its 200-day simple moving average is $1.57. FalconStor Software has a 1 year low of $1.05 and a 1 year high of $2.60. The company has a market capitalization of $10.36 million, a price-to-earnings ratio of -36.25 and a beta of 2.54.

FalconStor Software (OTCMKTS:FALC) last announced its earnings results on Wednesday, February 26th. The software maker reported ($0.04) earnings per share (EPS) for the quarter. The firm had revenue of $2.84 million for the quarter. FalconStor Software had a negative return on equity of 8.94% and a net margin of 13.98%.

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.