FalconStor Software, Inc. (OTCMKTS:FALC) Short Interest Update

FalconStor Software, Inc. (OTCMKTS:FALC) was the recipient of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 1,373 shares, a decline of 45.0% from the April 15th total of 2,497 shares. Based on an average daily trading volume, of 2,822 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the company’s stock are sold short.

FalconStor Software Price Performance

FalconStor Software stock opened at $2.85 on Friday. The company has a market cap of $20.38 million, a price-to-earnings ratio of 21.92 and a beta of 0.31. The firm has a 50-day moving average of $2.42 and a 200-day moving average of $1.81. FalconStor Software has a one year low of $0.90 and a one year high of $3.30.

FalconStor Software (OTCMKTS:FALC) last released its earnings results 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 11.30% and a net margin of 18.06%.

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.