FalconStor Software, Inc. (OTCMKTS:FALC – Get Free Report) saw a significant 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. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 3,278 shares, the days-to-cover ratio is currently 0.0 days.
FalconStor Software Price Performance
Shares of FALC stock remained flat at $1.75 during midday trading on Friday. 2,875 shares of the company traded hands, compared to its average volume of 1,139. FalconStor Software has a 1-year low of $0.90 and a 1-year high of $3.30. The stock has a market cap of $12.51 million, a price-to-earnings ratio of 10.94 and a beta of 0.36. The firm has a 50 day moving average price of $1.71 and a 200 day moving average price of $2.28.
FalconStor Software (OTCMKTS:FALC – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The software maker reported ($0.08) earnings per share (EPS) for the quarter. The company had revenue of $2.63 million for the quarter. FalconStor Software had a negative return on equity of 12.83% and a net margin of 18.93%.
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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