Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) Short Interest Update

Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) was the target of a large decline in short interest in March. As of March 31st, there was short interest totalling 35,500 shares, a decline of 54.9% from the March 15th total of 78,700 shares. Based on an average daily volume of 82,000 shares, the days-to-cover ratio is currently 0.4 days.

Falcon Oil & Gas Stock Performance

FOLGF stock remained flat at $0.09 during mid-day trading on Friday. The firm’s fifty day simple moving average is $0.08 and its 200 day simple moving average is $0.07. Falcon Oil & Gas has a 52-week low of $0.04 and a 52-week high of $0.10.

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.