FalconStor Software, Inc. (OTCMKTS:FALC) Sees Significant Growth in Short Interest

FalconStor Software, Inc. (OTCMKTS:FALC) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 352 shares, an increase of 144.4% from the May 14th total of 144 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 5,200 shares, the short-interest ratio is currently 0.1 days.

FalconStor Software Price Performance

Shares of FALC traded up $0.03 on Friday, reaching $2.61. 200 shares of the stock traded hands, compared to its average volume of 3,007. The firm has a market cap of $18.66 million, a price-to-earnings ratio of 20.08 and a beta of 0.36. FalconStor Software has a 12 month low of $0.90 and a 12 month high of $3.30. The stock’s 50-day moving average price is $2.62 and its 200-day moving average price is $1.99.

FalconStor Software (OTCMKTS:FALC) last released its quarterly earnings data on Wednesday, May 6th. The software maker reported $0.12 earnings per share (EPS) for the quarter. FalconStor Software had a negative return on equity of 11.53% and a net margin of 18.06%.

FalconStor Software Company Profile

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.