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

FalconStor Software, Inc. (OTCMKTS:FALC) was the recipient of a large growth in short interest in 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 trading volume of 7,300 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

FalconStor Software Price Performance

FALC stock opened at $2.42 on Monday. The company’s 50 day simple moving average is $2.68 and its 200-day simple moving average is $2.26. The firm has a market capitalization of $17.30 million, a PE ratio of 18.62 and a beta of 0.37. FalconStor Software has a 12 month low of $0.90 and a 12 month high of $3.30.

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

About FalconStor Software

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.