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

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

Falcon Oil & Gas Stock Down 0.9 %

Shares of OTCMKTS:FOLGF traded down $0.00 on Friday, hitting $0.07. 24,635 shares of the company’s stock were exchanged, compared to its average volume of 213,843. The business’s 50 day simple moving average is $0.08 and its two-hundred day simple moving average is $0.07. Falcon Oil & Gas has a 12 month low of $0.04 and a 12 month 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.