Fairfax India Short Interest Ratio and Short Volume

Short interest is the volume of Fairfax India shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 123,000 shares of FFXDF short.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. Fairfax India currently has a short interest ratio of 3.0.

Fairfax India saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 123,000 shares, an increase of 0.4% from the previous total of 122,500 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

0.00% of Fairfax India's shares are currently sold short. Here is how the short interest of companies in the industry of "investors, not elsewhere classified" compare to Fairfax India: Prospect Capital Co. (4.42%), Golub Capital BDC, Inc. (0.00%), Sixth Street Specialty Lending, Inc. (0.00%), New Mountain Finance Co. (0.37%), PennantPark Floating Rate Capital Ltd. (0.61%), TriplePoint Venture Growth BDC Corp. (0.00%), Gladstone Investment Co. (1.05%), Capital Southwest Co. (0.51%), PennantPark Investment Co. (0.34%), and Stellus Capital Investment Co. (0.55%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling FFXDF is an investing strategy that aims to generate trading profit from Fairfax India as its price is falling. Fairfax India's stock is trading up $0.41 today. To short Fairfax India stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that Fairfax India will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Fairfax India occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of FFXDF, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including FFXDF, twice per month. The most recent reporting period available is March, 31 2021.