Fairfax India Holdings Co. (OTCMKTS:FFXDF) Short Interest Up 255.0% in February

Fairfax India Holdings Co. (OTCMKTS:FFXDF) was the recipient of a significant growth in short interest in 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 volume of 101,500 shares, the days-to-cover ratio is presently 0.3 days.

Fairfax India Price Performance

OTCMKTS FFXDF traded up $0.29 during trading hours on Friday, reaching $18.39. The company’s stock had a trading volume of 30,012 shares, compared to its average volume of 41,248. The company’s 50-day moving average is $17.30 and its two-hundred day moving average is $15.84. Fairfax India has a 1-year low of $13.55 and a 1-year high of $20.30. The firm has a market capitalization of $2.49 billion, a price-to-earnings ratio of -59.32 and a beta of 1.14. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.58 and a quick ratio of 0.58.

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