Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) Short Interest Down 28.2% in April

Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) saw a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 25,500 shares, a drop of 28.2% from the March 31st total of 35,500 shares. Based on an average daily volume of 484,800 shares, the days-to-cover ratio is presently 0.1 days.

Falcon Oil & Gas Price Performance

OTCMKTS:FOLGF opened at $0.08 on Wednesday. Falcon Oil & Gas has a 12 month low of $0.04 and a 12 month high of $0.10. The company’s 50 day moving average is $0.08 and its 200-day moving average is $0.07.

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.