FalconStor Software, Inc. (OTCMKTS:FALC) Short Interest Update

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

FalconStor Software Stock Performance

Shares of FALC remained flat at $1.36 during trading hours on Monday. The company had a trading volume of 9 shares, compared to its average volume of 2,476. The stock has a 50-day moving average price of $1.55 and a 200-day moving average price of $1.54. FalconStor Software has a 52-week low of $1.05 and a 52-week high of $2.60. The firm has a market capitalization of $9.72 million, a P/E ratio of -34.00 and a beta of 2.07.

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

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.