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

FalconStor Software, Inc. (OTCMKTS:FALC) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 200 shares, a decline 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 Price Performance

OTCMKTS:FALC remained flat at $1.36 during trading hours on Monday. 9 shares of the company’s stock traded hands, compared to its average volume of 2,476. FalconStor Software has a 12 month low of $1.05 and a 12 month high of $2.60. The stock has a market cap of $9.72 million, a PE ratio of -34.00 and a beta of 2.07. The company’s 50-day moving average is $1.55 and its 200 day moving average is $1.54.

FalconStor Software (OTCMKTS:FALC) last issued its quarterly earnings results on Wednesday, November 6th. The software maker reported $0.03 earnings per share for the quarter. The company had revenue of $2.93 million for the quarter. FalconStor Software had a net margin of 13.98% and a negative return on equity of 8.94%.

About FalconStor Software

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.