Short Interest in FalconStor Software, Inc. (OTCMKTS:FALC) Rises By 205.7%

FalconStor Software, Inc. (OTCMKTS:FALC) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 324 shares, an increase of 205.7% from the June 30th total of 106 shares. Based on an average trading volume of 7,300 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

FalconStor Software Stock Performance

Shares of OTCMKTS FALC opened at $2.42 on Monday. FalconStor Software has a one year low of $0.90 and a one year high of $3.30. The firm has a market capitalization of $17.30 million, a P/E ratio of 18.62 and a beta of 0.37. The company’s fifty day moving average is $2.68 and its two-hundred day moving average is $2.26.

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

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.