FalconStor Software, Inc. (OTCMKTS:FALC) Short Interest Up 200.0% in July

FalconStor Software, Inc. (OTCMKTS:FALC) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 600 shares, an increase of 200.0% from the June 30th total of 200 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 600 shares, the short-interest ratio is presently 1.0 days.

FalconStor Software Trading Down 1.4%

Shares of OTCMKTS:FALC opened at $2.18 on Wednesday. FalconStor Software has a 12 month low of $0.96 and a 12 month high of $2.42. The company has a 50-day moving average price of $1.65 and a 200 day moving average price of $1.59. The company has a market cap of $15.59 million, a price-to-earnings ratio of -15.57 and a beta of 3.07.

FalconStor Software (OTCMKTS:FALC) last announced its quarterly earnings results on Wednesday, May 7th. The software maker reported ($0.06) EPS for the quarter. FalconStor Software had a net margin of 8.43% and a negative return on equity of 4.90%. The business had revenue of $2.48 million during the quarter.

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.