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

by · The Markets Daily

FalconStor Software, Inc. (OTCMKTS:FALC – Get Free Report) was the target of a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 200 shares, a decrease of 66.7% from the December 15th total of 600 shares. Based on an average trading volume of 5,500 shares, the short-interest ratio is currently 0.0 days.

FalconStor Software Trading Up 43.4 %

OTCMKTS FALC traded up $0.59 on Tuesday, hitting $1.95. 1,800 shares of the company were exchanged, compared to its average volume of 950. The company has a market cap of $13.93 million, a P/E ratio of -48.75 and a beta of 2.07. FalconStor Software has a 1-year low of $1.05 and a 1-year high of $2.60. The firm has a 50 day moving average of $1.55 and a two-hundred day moving average of $1.54.

FalconStor Software (OTCMKTS:FALC – Get Free Report) last released its earnings results on Wednesday, November 6th. The software maker reported $0.03 EPS for the quarter. The company had revenue of $2.93 million during the quarter. FalconStor Software had a negative return on equity of 8.94% and a net margin of 13.98%.

About FalconStor Software

(Get Free Report)

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.

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