Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) Short Interest Update

Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) saw a significant drop in short interest in December. As of December 31st, there was short interest totalling 89,400 shares, a drop of 7.1% from the December 15th total of 96,200 shares. Based on an average daily volume of 1,093,500 shares, the short-interest ratio is currently 0.1 days.

Falcon Oil & Gas Stock Up 13.3 %

FOLGF traded up $0.01 during midday trading on Friday, reaching $0.09. The company had a trading volume of 928,151 shares, compared to its average volume of 298,896. Falcon Oil & Gas has a 12-month low of $0.04 and a 12-month high of $0.16. The business has a 50-day moving average price of $0.06 and a two-hundred day moving average price of $0.07.

Falcon Oil & Gas Company Profile

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.