Short Interest in FalconStor Software, Inc. (OTCMKTS:FALC) Expands By 33.3%

FalconStor Software, Inc. (OTCMKTS:FALC) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 400 shares, a growth of 33.3% from the August 15th total of 300 shares. Based on an average daily trading volume, of 2,000 shares, the days-to-cover ratio is presently 0.2 days.

FalconStor Software Stock Performance

FALC traded down $0.12 during trading on Monday, hitting $1.38. The stock had a trading volume of 3,500 shares, compared to its average volume of 1,968. FalconStor Software has a twelve month low of $0.57 and a twelve month high of $2.60. The company’s 50-day moving average price is $1.64 and its 200 day moving average price is $1.82. The firm has a market capitalization of $9.85 million, a P/E ratio of -23.00 and a beta of 2.16.

FalconStor Software (OTCMKTS:FALC) last issued its quarterly earnings data on Wednesday, August 7th. The software maker reported ($0.07) EPS for the quarter. The company had revenue of $2.36 million for the quarter. FalconStor Software had a negative return on equity of 9.90% and a net margin of 14.90%.

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.