Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) Sees Large Decrease in Short Interest

Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) saw a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 5,000 shares, a drop of 76.0% from the October 31st total of 20,800 shares. Based on an average daily trading volume, of 403,000 shares, the days-to-cover ratio is currently 0.0 days.

Falcon Oil & Gas Stock Performance

Shares of FOLGF stock remained flat at $0.06 during trading hours on Friday. 131,121 shares of the company were exchanged, compared to its average volume of 238,929. Falcon Oil & Gas has a 52-week low of $0.05 and a 52-week high of $0.16. The stock’s 50-day moving average is $0.06 and its 200-day moving average is $0.07.

About Falcon Oil & Gas

Falcon Oil & Gas Ltd., an oil and gas company, engages in the exploration and development of unconventional oil and gas assets in Australia, South Africa, and Hungary. The company holds 22.5% interests in three exploration permits covering an area of approximately 1 million net acres in the Beetaloo Sub-basin, Northern Territory, Australia.