FalconStor Software, Inc. (OTCMKTS:FALC – Get Free Report) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 5 shares, a decrease of 99.2% from the September 15th total of 621 shares. Based on an average trading volume of 3,278 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.
FalconStor Software Stock Performance
Shares of OTCMKTS FALC remained flat at $1.75 during trading hours on Friday. 2,875 shares of the company traded hands, compared to its average volume of 1,139. The firm has a fifty day moving average of $1.71 and a two-hundred day moving average of $2.28. The firm has a market cap of $12.51 million, a P/E ratio of 10.94 and a beta of 0.36. FalconStor Software has a twelve month low of $0.90 and a twelve month high of $3.30.
FalconStor Software (OTCMKTS:FALC – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The software maker reported ($0.08) EPS for the quarter. FalconStor Software had a net margin of 18.93% and a negative return on equity of 12.83%. The firm had revenue of $2.63 million for the quarter.
About FalconStor Software
FalconStor Software, Inc develops data protection and storage management software for businesses and other organizations. Its solutions are designed to help customers back up, recover, replicate, and manage data across physical, virtual, and cloud-based environments.
The company’s offerings have included StorSafe, a data protection platform that supports backup, archiving, disaster recovery, and ransomware resilience. FalconStor has also developed technologies for continuous data protection, storage virtualization, and disk-based backup, allowing organizations to improve data availability and simplify storage operations.
Founded in 2000, FalconStor has served enterprises, government organizations, and service providers in North America and international markets.
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