Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) Sees Significant Increase in Short Interest

Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) saw a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 14,200 shares, an increase of 184.0% from the November 15th total of 5,000 shares. Based on an average daily trading volume, of 229,700 shares, the days-to-cover ratio is presently 0.1 days.

Falcon Oil & Gas Stock Down 5.8 %

Shares of FOLGF stock traded down $0.00 during trading hours on Wednesday, reaching $0.06. 349,950 shares of the company’s stock were exchanged, compared to its average volume of 237,694. Falcon Oil & Gas has a fifty-two week low of $0.05 and a fifty-two week high of $0.16. The business has a fifty day moving average price of $0.06 and a 200-day moving average price 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.