Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) Short Interest Up 800.5% in February

Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) was the recipient of a large increase in short interest in February. As of February 15th, there was short interest totalling 164,800 shares, an increase of 800.5% from the January 31st total of 18,300 shares. Based on an average daily volume of 761,600 shares, the short-interest ratio is currently 0.2 days.

Falcon Oil & Gas Price Performance

Shares of OTCMKTS FOLGF traded down $0.00 during midday trading on Friday, reaching $0.08. The company’s stock had a trading volume of 247,973 shares, compared to its average volume of 275,961. Falcon Oil & Gas has a fifty-two week low of $0.04 and a fifty-two week high of $0.14. The stock has a 50 day simple moving average of $0.08 and a 200-day simple moving average 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.