Fairfax India Holdings Corporation (OTCMKTS:FFXDF) Short Interest Up 49.3% in July

Key Points

• Short interest in Fairfax India Holdings Corporation increased by 49.3% in July, reaching a total of 10,600 shares compared to 7,100 shares at the end of June.
• The company's stock has a current trading price of $19.10, with a market cap of $2.58 billion and a P/E ratio of 40.64.
• Fairfax India reported $2.06 earnings per share (EPS) for its quarterly earnings on July 31st, indicating the company's ongoing investment activities in India.

Fairfax India Holdings Corporation (OTCMKTS:FFXDF - Get Free Report) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 10,600 shares, anincreaseof49.3% from the June 30th total of 7,100 shares. Based on an average trading volume of 29,300 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 29,300 shares, the short-interest ratio is currently 0.4 days.

Fairfax India Trading Down 0.1%

OTCMKTS FFXDF traded down $0.02 during trading on Monday, hitting $18.88. The stock had a trading volume of 11,883 shares, compared to its average volume of 40,148. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.09 and a current ratio of 0.09. Fairfax India has a one year low of $13.80 and a one year high of $20.38. The stock has a 50 day simple moving average of $18.74 and a 200 day simple moving average of $17.80. The stock has a market capitalization of $2.55 billion, a price-to-earnings ratio of 40.17 and a beta of 0.84.

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