FalconStor Software, Inc. (OTCMKTS:FALC) Short Interest Up 1,000.0% in March

FalconStor Software, Inc. (OTCMKTS:FALC) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 1,100 shares, a growth of 1,000.0% from the February 28th total of 100 shares. Based on an average daily volume of 3,100 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the company’s shares are sold short.

FalconStor Software Stock Down 6.5 %

FALC opened at $1.45 on Friday. FalconStor Software has a 52-week low of $1.05 and a 52-week high of $2.60. The company has a 50 day moving average of $1.71 and a two-hundred day moving average of $1.57. The company has a market cap of $10.36 million, a P/E ratio of -36.25 and a beta of 2.54.

FalconStor Software (OTCMKTS:FALC) last issued its quarterly earnings data on Wednesday, February 26th. The software maker reported ($0.04) EPS for the quarter. FalconStor Software had a negative return on equity of 8.94% and a net margin of 13.98%. The company had revenue of $2.84 million for 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.