Short Interest in Fairfax India Holdings Corporation (OTCMKTS:FFXDF) Expands By 49.3%

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) was the recipient of a large increase in short interest during the month of 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 Stock Performance

Shares of FFXDF opened at $19.10 on Thursday. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.18. The company has a 50-day moving average of $18.70 and a two-hundred day moving average of $17.78. Fairfax India has a 12-month low of $13.80 and a 12-month high of $20.38. The stock has a market cap of $2.58 billion, a P/E ratio of 40.64 and a beta of 0.84.

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

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