Short Interest in Fairfax India Holdings Co. (OTCMKTS:FFXDF) Rises By 255.0%

Fairfax India Holdings Co. (OTCMKTS:FFXDF) was the recipient of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 35,500 shares, a growth of 255.0% from the January 31st total of 10,000 shares. Based on an average daily trading volume, of 101,500 shares, the short-interest ratio is presently 0.3 days.

Fairfax India Trading Down 0.7 %

FFXDF traded down $0.12 during mid-day trading on Friday, reaching $18.27. The stock had a trading volume of 20,741 shares, compared to its average volume of 40,722. The stock has a market capitalization of $2.47 billion, a P/E ratio of -58.93 and a beta of 1.14. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.58 and a current ratio of 0.58. The firm’s fifty day simple moving average is $17.35 and its two-hundred day simple moving average is $15.87. Fairfax India has a 52 week low of $13.55 and a 52 week high of $20.30.

Fairfax India (OTCMKTS:FFXDF) last released its earnings results on Thursday, February 13th. The company reported ($0.27) earnings per share 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.