FalconStor Software, Inc. (OTCMKTS:FALC – Get Free Report) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 5 shares, a decline of 99.2% from the September 15th total of 621 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 3,278 shares, the short-interest ratio is presently 0.0 days.
FalconStor Software Price Performance
OTCMKTS FALC opened at $1.75 on Friday. The stock’s 50-day moving average price is $1.71 and its 200-day moving average price is $2.28. The company has a market capitalization of $12.51 million, a P/E ratio of 10.94 and a beta of 0.36. FalconStor Software has a 52 week low of $0.90 and a 52 week high of $3.30.
FalconStor Software (OTCMKTS:FALC – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The software maker reported ($0.08) earnings per share for the quarter. The firm had revenue of $2.63 million for the quarter. FalconStor Software had a net margin of 18.93% and a negative return on equity of 12.83%.
About FalconStor Software
FalconStor Software, Inc develops data protection and storage management software for businesses and other organizations. Its solutions are designed to help customers back up, recover, replicate, and manage data across physical, virtual, and cloud-based environments.
The company’s offerings have included StorSafe, a data protection platform that supports backup, archiving, disaster recovery, and ransomware resilience. FalconStor has also developed technologies for continuous data protection, storage virtualization, and disk-based backup, allowing organizations to improve data availability and simplify storage operations.
Founded in 2000, FalconStor has served enterprises, government organizations, and service providers in North America and international markets.
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