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 increase in short interest in February. As of February 15th, there was short interest totalling 35,500 shares, an increase of 255.0% from the January 31st total of 10,000 shares. Based on an average trading volume of 101,500 shares, the short-interest ratio is currently 0.3 days.

Fairfax India Stock Performance

Fairfax India stock traded down $0.12 during trading hours on Friday, hitting $18.27. The stock had a trading volume of 20,741 shares, compared to its average volume of 40,722. The company has a 50-day moving average of $17.35 and a two-hundred day moving average of $15.87. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.16. The company has a market cap of $2.47 billion, a PE ratio of -58.93 and a beta of 1.14. Fairfax India has a fifty-two week low of $13.55 and a fifty-two week high of $20.30.

Fairfax India (OTCMKTS:FFXDF) last posted its quarterly earnings results on Thursday, February 13th. The company reported ($0.27) EPS for the quarter.

About Fairfax India

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.