Fairfax India Holdings Co. (OTCMKTS:FFXDF) Short Interest Up 139.5% in January

Fairfax India Holdings Co. (OTCMKTS:FFXDF) saw a large growth in short interest in the month of 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 trading volume of 37,100 shares, the days-to-cover ratio is currently 0.7 days.

Fairfax India Stock Down 0.9 %

Shares of FFXDF traded down $0.15 during mid-day trading on Thursday, hitting $17.42. 10,951 shares of the company’s stock were exchanged, compared to its average volume of 29,277. Fairfax India has a fifty-two week low of $13.55 and a fifty-two week high of $18.20. The stock’s 50-day moving average is $15.98 and its 200-day moving average is $15.20. 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 company has a market cap of $2.35 billion, a price-to-earnings ratio of 18.15 and a beta of 1.14.

Fairfax India (OTCMKTS:FFXDF) last issued its quarterly earnings data 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.