Short Interest in Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) Rises By 6.8%

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totalling 53,500 shares, an increase of 6.8% from the September 30th total of 50,100 shares. Based on an average daily trading volume, of 9,700 shares, the days-to-cover ratio is presently 5.5 days.

Fairfax Financial Stock Performance

FRFHF stock traded down $9.29 during trading on Thursday, reaching $1,262.42. 2,629 shares of the stock were exchanged, compared to its average volume of 6,044. Fairfax Financial has a twelve month low of $808.75 and a twelve month high of $1,295.00. The company has a market capitalization of $29.71 billion, a P/E ratio of 8.16 and a beta of 0.78. The stock has a 50 day simple moving average of $1,235.48 and a 200-day simple moving average of $1,163.02. The company has a current ratio of 4.09, a quick ratio of 4.09 and a debt-to-equity ratio of 0.42.

Fairfax Financial (OTCMKTS:FRFHF) last released its earnings results on Thursday, August 1st. The financial services provider reported $37.18 earnings per share for the quarter. Fairfax Financial had a return on equity of 15.83% and a net margin of 14.01%. The business had revenue of $7.49 billion for the quarter. As a group, sell-side analysts anticipate that Fairfax Financial will post 149.29 earnings per share for the current year.

About Fairfax Financial

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.