Short Interest in Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) Grows By 750.0%

Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF – Get Rating) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 299,200 shares, a growth of 750.0% from the April 30th total of 35,200 shares. Based on an average daily volume of 528,300 shares, the short-interest ratio is presently 0.6 days.

Falcon Oil & Gas Price Performance

Falcon Oil & Gas stock opened at $0.13 on Friday. Falcon Oil & Gas has a 52-week low of $0.06 and a 52-week high of $0.16. The firm has a fifty day moving average of $0.12 and a 200-day moving average of $0.11.

About Falcon Oil & Gas

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Falcon Oil & Gas Ltd. engages in the acquisition, exploration, and development of unconventional oil and gas resources. Its projects include Beetaloo Basin, Karroo Basin, and Makó Trough. The company was founded on January 18, 1980 and is headquartered in Dublin, Ireland.