Short Interest in Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) Grows By 577.5%

Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totalling 96,200 shares, a growth of 577.5% from the November 30th total of 14,200 shares. Based on an average daily trading volume, of 461,900 shares, the days-to-cover ratio is presently 0.2 days.

Falcon Oil & Gas Stock Performance

Falcon Oil & Gas stock opened at $0.06 on Friday. The stock’s fifty day moving average price is $0.06 and its two-hundred day moving average price is $0.07. Falcon Oil & Gas has a one year low of $0.04 and a one year high of $0.16.

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.