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

FalconStor Software, Inc. (OTCMKTS:FALC) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totalling 200 shares, a decline of 66.7% from the December 31st total of 600 shares. Based on an average daily volume of 5,500 shares, the days-to-cover ratio is presently 0.0 days.

FalconStor Software Price Performance

Shares of OTCMKTS FALC traded down $0.01 during trading hours on Wednesday, hitting $1.77. 200 shares of the company’s stock were exchanged, compared to its average volume of 247. FalconStor Software has a 1-year low of $1.05 and a 1-year high of $2.60. The stock has a market capitalization of $12.64 million, a price-to-earnings ratio of -44.25 and a beta of 2.07. The company’s 50-day moving average price is $1.60 and its 200-day moving average price is $1.57.

FalconStor Software (OTCMKTS:FALC) last posted its quarterly earnings results on Wednesday, November 6th. The software maker reported $0.03 EPS for the quarter. FalconStor Software had a negative return on equity of 8.94% and a net margin of 13.98%. The firm had revenue of $2.93 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.