Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) Short Interest Down 26.0% in February

Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 122,000 shares, a drop of 26.0% from the February 13th total of 164,800 shares. Based on an average daily volume of 302,900 shares, the short-interest ratio is presently 0.4 days.

Falcon Oil & Gas Trading Down 6.0 %

FOLGF traded down $0.00 on Friday, hitting $0.07. 21,473 shares of the company were exchanged, compared to its average volume of 249,869. The firm has a 50-day moving average price of $0.08 and a two-hundred day moving average price of $0.07. Falcon Oil & Gas has a twelve month low of $0.04 and a twelve month high of $0.12.

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.