Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) Sees Significant Increase in Short Interest

Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) was the target of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 14,200 shares, an increase of 184.0% from the November 15th total of 5,000 shares. Based on an average daily volume of 229,700 shares, the short-interest ratio is currently 0.1 days.

Falcon Oil & Gas Stock Performance

Shares of OTCMKTS FOLGF traded down $0.00 during mid-day trading on Friday, reaching $0.05. 486,494 shares of the company’s stock were exchanged, compared to its average volume of 238,748. The company’s 50-day moving average is $0.06 and its 200-day moving average is $0.07. Falcon Oil & Gas has a 52-week low of $0.05 and a 52-week high of $0.16.

About Falcon Oil & Gas

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.