FalconStor Software, Inc. (OTCMKTS:FALC – Get Free Report) was the target of a significant growth in short interest in the month of 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. Based on an average daily trading volume, of 5,200 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.
FalconStor Software Stock Up 1.2%
OTCMKTS FALC traded up $0.03 during trading hours on Friday, hitting $2.61. The company’s stock had a trading volume of 200 shares, compared to its average volume of 5,706. The stock has a fifty day moving average of $2.62 and a 200 day moving average of $1.99. FalconStor Software has a twelve month low of $0.90 and a twelve month high of $3.30. The firm has a market capitalization of $18.67 million, a P/E ratio of 20.08 and a beta of 0.36.
FalconStor Software (OTCMKTS:FALC – Get Free Report) last issued its earnings results on Wednesday, May 6th. The software maker reported $0.12 EPS for the quarter. FalconStor Software had a net margin of 18.06% and a negative return on equity of 11.53%.
About FalconStor Software
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.
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