Short Interest in Fairfax India Holdings Co. (OTCMKTS:FFXDF) Expands By 139.5%

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

Fairfax India Stock Performance

FFXDF traded down $0.15 on Thursday, reaching $17.42. The stock had a trading volume of 10,951 shares, compared to its average volume of 29,277. Fairfax India has a 12-month low of $13.55 and a 12-month high of $18.20. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.16. The business’s 50-day moving average price is $15.98 and its two-hundred day moving average price is $15.20. The company has a market cap of $2.35 billion, a P/E ratio of 18.15 and a beta of 1.14.

Fairfax India (OTCMKTS:FFXDFGet Free Report) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.25 EPS for the quarter.

About Fairfax India

(Get Free Report)

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.

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