Fairfax India Holdings Corporation (OTCMKTS:FFXDF) Short Interest Update

Key Points

• Short interest in Fairfax India Holdings Corporation has significantly decreased by 59.9% from 16,200 shares in August to 6,500 shares by September 15th.
• As of the latest trading, FFXDF stock is priced at $17.46, reflecting a 0.6% decline and a market capitalization of $2.36 billion.
• Fairfax India reported an earnings per share (EPS) of $2.06 for the quarter ending July 31st.

Fairfax India Holdings Corporation (OTCMKTS:FFXDF - Get Free Report) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 6,500 shares, a decrease of 59.9% from the August 31st total of 16,200 shares. Based on an average trading volume of 64,300 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 64,300 shares, the days-to-cover ratio is presently 0.1 days.

Fairfax India Stock Down 0.6%

FFXDF stock traded down $0.11 during mid-day trading on Friday, hitting $17.46. The stock had a trading volume of 23,819 shares, compared to its average volume of 34,323. Fairfax India has a 1-year low of $13.86 and a 1-year high of $20.38. The company has a fifty day moving average of $18.24 and a 200 day moving average of $17.75. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $2.36 billion, a price-to-earnings ratio of 37.38 and a beta of 0.83.

Fairfax India (OTCMKTS:FFXDF - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $2.06 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.

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