FalconStor Software, Inc. (OTCMKTS:FALC – Get Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 600 shares, an increase of 200.0% from the June 30th total of 200 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 600 shares, the short-interest ratio is presently 1.0 days.
FalconStor Software Price Performance
Shares of FALC opened at $2.18 on Thursday. FalconStor Software has a 1-year low of $0.96 and a 1-year high of $2.42. The stock has a market cap of $15.59 million, a PE ratio of -15.57 and a beta of 3.07. The firm has a fifty day moving average price of $1.67 and a 200 day moving average price of $1.59.
FalconStor Software (OTCMKTS:FALC – Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The software maker reported ($0.06) earnings per share (EPS) for the quarter. FalconStor Software had a negative return on equity of 4.90% and a net margin of 8.43%. The firm had revenue of $2.48 million for the quarter.
About FalconStor Software
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.
Further Reading
- Five stocks we like better than FalconStor Software
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Visa Beats Q3 Earnings Expectations, So Why Did the Market Panic?
- Low PE Growth Stocks: Unlocking Investment Opportunities
- How Marvell Went From Short Target to Breakout Star
- What Is WallStreetBets and What Stocks Are They Targeting?
- Palo Alto Networks: The All‑in‑One Cybersecurity Powerhouse
Receive News & Ratings for FalconStor Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FalconStor Software and related companies with MarketBeat.com's FREE daily email newsletter.