FalconStor Software, Inc. (OTCMKTS:FALC) Short Interest Up 205.7% in July

FalconStor Software, Inc. (OTCMKTS:FALC) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 324 shares, a growth of 205.7% from the June 30th total of 106 shares. Based on an average daily volume of 7,300 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

FalconStor Software Price Performance

Shares of FALC remained flat at $2.60 during trading hours on Tuesday. The company had a trading volume of 2,170 shares, compared to its average volume of 5,491. The stock’s 50 day moving average is $2.68 and its 200-day moving average is $2.26. FalconStor Software has a 12 month low of $0.90 and a 12 month high of $3.30. The firm has a market cap of $18.59 million, a P/E ratio of 20.00 and a beta of 0.37.

FalconStor Software (OTCMKTS:FALC) last announced its quarterly earnings results on Wednesday, May 6th. The software maker reported $0.12 EPS for the quarter. FalconStor Software had a net margin of 18.06% and a negative return on equity of 11.53%.

FalconStor Software Company Profile

FalconStor Software, Inc is a provider of enterprise data protection and storage virtualization solutions designed to help organizations manage, protect and recover their critical data. The company’s offerings focus on reducing the complexity and cost of backup, replication and disaster recovery through software-defined storage technologies. By abstracting physical storage resources and automating data movement, FalconStor enables seamless integration with heterogeneous storage environments.

The company’s flagship platform, FreeStor, delivers a vendor-agnostic storage virtualization layer that supports continuous data protection (CDP), snapshot management, replication and orchestration across on-premises, cloud and hybrid infrastructures.