Short Interest in FalconStor Software, Inc. (OTCMKTS:FALC) Increases By 1,000.0%

FalconStor Software, Inc. (OTCMKTS:FALC) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 1,100 shares, a growth of 1,000.0% from the February 29th total of 100 shares. Based on an average trading volume of 5,800 shares, the short-interest ratio is currently 0.2 days.

FalconStor Software Stock Performance

Shares of OTCMKTS:FALC opened at $2.13 on Thursday. The company has a market capitalization of $15.19 million, a price-to-earnings ratio of -23.67 and a beta of 2.22. FalconStor Software has a 12-month low of $0.57 and a 12-month high of $2.40. The business has a 50-day moving average price of $1.60 and a 200 day moving average price of $1.31.

FalconStor Software (OTCMKTS:FALC) last released its quarterly earnings results on Thursday, February 22nd. The software maker reported $0.08 earnings per share (EPS) for the quarter. FalconStor Software had a net margin of 8.43% and a negative return on equity of 5.62%. The business had revenue of $3.65 million for the quarter.

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.