Short Interest in FalconStor Software, Inc. (OTCMKTS:FALC) Increases By 144.4%

FalconStor Software, Inc. (OTCMKTS:FALC) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 352 shares, a growth of 144.4% from the May 14th total of 144 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,200 shares, the short-interest ratio is presently 0.1 days.

FalconStor Software Price Performance

OTCMKTS:FALC opened at $2.61 on Friday. FalconStor Software has a one year low of $0.90 and a one year high of $3.30. The company has a market cap of $18.66 million, a PE ratio of 20.08 and a beta of 0.36. The firm’s 50 day simple moving average is $2.62 and its 200 day simple moving average is $1.99.

FalconStor Software (OTCMKTS:FALC) last announced its quarterly earnings results on Wednesday, May 6th. The software maker reported $0.12 earnings per share (EPS) for the quarter. FalconStor Software had a net margin of 18.06% and a negative return on equity of 11.53%.

FalconStor Software Company Profile

FalconStor Software, Inc is a provider of enterprise data protection and storage virtualization solutions designed to help organizations manage, protect and recover their critical data. The company’s offerings focus on reducing the complexity and cost of backup, replication and disaster recovery through software-defined storage technologies. By abstracting physical storage resources and automating data movement, FalconStor enables seamless integration with heterogeneous storage environments.

The company’s flagship platform, FreeStor, delivers a vendor-agnostic storage virtualization layer that supports continuous data protection (CDP), snapshot management, replication and orchestration across on-premises, cloud and hybrid infrastructures.