Short Interest in Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) Decreases By 35.5%

Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) was the recipient of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 78,700 shares, a drop of 35.5% from the February 28th total of 122,000 shares. Based on an average daily trading volume, of 296,300 shares, the short-interest ratio is presently 0.3 days.

Falcon Oil & Gas Trading Down 0.9 %

FOLGF stock traded down $0.00 during midday trading on Friday, reaching $0.07. 24,635 shares of the company’s stock traded hands, compared to its average volume of 213,843. Falcon Oil & Gas has a fifty-two week low of $0.04 and a fifty-two week high of $0.10. The business has a 50-day moving average price of $0.08 and a two-hundred day moving average price of $0.07.

Falcon Oil & Gas Company Profile

Falcon Oil & Gas Ltd., an oil and gas company, engages in the exploration and development of unconventional oil and gas assets in Australia, South Africa, and Hungary. The company holds 22.5% interests in three exploration permits covering an area of approximately 1 million net acres in the Beetaloo Sub-basin, Northern Territory, Australia.