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

FalconStor Software, Inc. (OTCMKTS:FALC) was the target of a large growth in short interest in September. As of September 30th, there was short interest totalling 1,000 shares, a growth of 233.3% from the September 15th total of 300 shares. Based on an average daily trading volume, of 7,600 shares, the short-interest ratio is presently 0.1 days.

FalconStor Software Price Performance

FalconStor Software stock remained flat at $1.39 during mid-day trading on Friday. 12 shares of the company were exchanged, compared to its average volume of 2,785. FalconStor Software has a fifty-two week low of $0.57 and a fifty-two week high of $2.60. The firm has a market cap of $9.92 million, a P/E ratio of -138.86 and a beta of 2.17. The stock has a 50-day moving average of $1.48 and a two-hundred day moving average of $1.74.

FalconStor Software (OTCMKTS:FALC) last announced its quarterly earnings results on Wednesday, August 7th. The software maker reported ($0.07) EPS for the quarter. FalconStor Software had a net margin of 14.90% and a negative return on equity of 9.90%. The firm had revenue of $2.36 million during 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.