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

FalconStor Software, Inc. (OTCMKTS:FALC) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 900 shares, a decline of 10.0% from the September 30th total of 1,000 shares. Based on an average trading volume of 1,800 shares, the short-interest ratio is presently 0.5 days.

FalconStor Software Trading Up 17.9 %

Shares of OTCMKTS FALC opened at $1.45 on Wednesday. FalconStor Software has a 12 month low of $0.70 and a 12 month high of $2.60. The company has a 50 day simple moving average of $1.36 and a two-hundred day simple moving average of $1.70. The stock has a market cap of $10.35 million, a price-to-earnings ratio of -144.86 and a beta of 2.17.

FalconStor Software (OTCMKTS:FALC) last posted its earnings results on Wednesday, August 7th. The software maker reported ($0.07) earnings per share (EPS) for the quarter. FalconStor Software had a net margin of 14.90% and a negative return on equity of 9.90%. The firm had revenue of $2.36 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.