Short Interest in Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) Decreases By 7.1%

Falcon Oil & Gas Ltd. (OTCMKTS:FOLGF) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totalling 89,400 shares, a drop of 7.1% from the December 15th total of 96,200 shares. Based on an average daily volume of 1,093,500 shares, the short-interest ratio is currently 0.1 days.

Falcon Oil & Gas Trading Up 13.3 %

FOLGF stock opened at $0.09 on Monday. The firm has a 50 day moving average price of $0.06 and a 200-day moving average price of $0.07. Falcon Oil & Gas has a 52-week low of $0.04 and a 52-week high of $0.16.

About Falcon Oil & Gas

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.