Fairfax India Holdings Co. (OTCMKTS:FFXDF) Sees Large Growth in Short Interest

Fairfax India Holdings Co. (OTCMKTS:FFXDF) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 27,300 shares, an increase of 139.5% from the December 31st total of 11,400 shares. Based on an average daily volume of 37,100 shares, the short-interest ratio is presently 0.7 days.

Fairfax India Stock Performance

OTCMKTS FFXDF traded up $0.33 on Wednesday, reaching $17.70. The stock had a trading volume of 40,327 shares, compared to its average volume of 22,429. The company has a market cap of $2.39 billion, a P/E ratio of 18.44 and a beta of 1.14. Fairfax India has a 1-year low of $13.55 and a 1-year high of $18.20. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.58 and a quick ratio of 0.58. The firm has a fifty day moving average of $15.95 and a two-hundred day moving average of $15.19.

Fairfax India (OTCMKTS:FFXDF) last released its earnings results on Thursday, October 31st. The company reported $0.25 earnings per share (EPS) for the quarter.

Fairfax India Company Profile

Fairfax India Holdings Corporation operates as an investment holding company in India. It invests in public and private equity securities and debt instruments in India and Indian businesses, or other businesses with customers, suppliers, or business primarily conducted and dependent in India. The company was incorporated in 2014 and is headquartered in Toronto, Canada.