FalconStor Software, Inc. (OTCMKTS:FALC) Short Interest Up 36.4% in March

FalconStor Software, Inc. (OTCMKTS:FALC) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 1,500 shares, an increase of 36.4% from the March 15th total of 1,100 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 200 shares, the short-interest ratio is presently 7.5 days.

FalconStor Software Stock Performance

Shares of FALC stock remained flat at $1.39 on Friday. FalconStor Software has a 52-week low of $1.05 and a 52-week high of $2.60. The firm has a market cap of $9.93 million, a PE ratio of -34.75 and a beta of 2.58. The business has a 50-day simple moving average of $1.56 and a 200 day simple moving average of $1.58.

FalconStor Software (OTCMKTS:FALC) last released its quarterly earnings data on Wednesday, February 26th. The software maker reported ($0.04) earnings per share for the quarter. The company had revenue of $2.84 million during the quarter. FalconStor Software had a net margin of 13.98% and a negative return on equity of 8.94%.

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.