Fairfax India Holdings Co. (OTCMKTS:FFXDF) Sees Significant Drop in Short Interest

Fairfax India Holdings Co. (OTCMKTS:FFXDF - Get Free Report) was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totalling 6,900 shares, a decline of 75.9% from the April 30th total of 28,600 shares. Currently, 0.0% of the company's stock are sold short. Based on an average trading volume of 80,800 shares, the short-interest ratio is presently 0.1 days.

Fairfax India Stock Down 0.8%

Shares of OTCMKTS:FFXDF traded down $0.15 during trading on Friday, hitting $17.65. 44,780 shares of the company were exchanged, compared to its average volume of 46,631. The stock has a market cap of $2.39 billion, a price-to-earnings ratio of -56.93 and a beta of 0.80. Fairfax India has a fifty-two week low of $13.55 and a fifty-two week high of $20.30. The firm has a fifty day moving average price of $16.63 and a two-hundred day moving average price of $16.77. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.16.

Fairfax India (OTCMKTS:FFXDF - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported ($1.57) 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.