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

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

FalconStor Software Price Performance

Shares of FalconStor Software stock traded down $0.03 during trading hours on Wednesday, hitting $1.74. The company had a trading volume of 11,000 shares, compared to its average volume of 2,100. The company’s 50-day moving average is $1.60 and its two-hundred day moving average is $1.57. FalconStor Software has a twelve month low of $1.05 and a twelve month high of $2.60. The company has a market cap of $12.42 million, a P/E ratio of -43.50 and a beta of 2.07.

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

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.