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

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

Falcon Oil & Gas Stock Up 0.8 %

Shares of FOLGF traded up $0.00 during trading hours on Monday, reaching $0.08. 53,500 shares of the company traded hands, compared to its average volume of 211,572. The stock’s fifty day moving average is $0.08 and its 200 day moving average is $0.07. Falcon Oil & Gas has a 1-year low of $0.04 and a 1-year 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.