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

FalconStor Software, Inc. (OTCMKTS:FALC) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 600 shares, a growth of 200.0% from the June 30th total of 200 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 600 shares, the short-interest ratio is presently 1.0 days.

FalconStor Software Stock Down 1.4%

OTCMKTS:FALC opened at $2.18 on Thursday. The company has a market cap of $15.59 million, a P/E ratio of -15.57 and a beta of 3.07. FalconStor Software has a fifty-two week low of $0.96 and a fifty-two week high of $2.42. The firm’s 50 day moving average is $1.67 and its two-hundred day moving average is $1.59.

FalconStor Software (OTCMKTS:FALC) last released its quarterly earnings results on Wednesday, May 7th. The software maker reported ($0.06) earnings per share for the quarter. The firm had revenue of $2.48 million for the quarter. FalconStor Software had a net margin of 8.43% and a negative return on equity of 4.90%.

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.