Fairfax India Holdings Co. (OTCMKTS:FFXDF) Short Interest Up 139.5% in December

Fairfax India Holdings Co. (OTCMKTS:FFXDF) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 27,300 shares, an increase of 139.5% from the December 15th total of 11,400 shares. Based on an average daily trading volume, of 37,100 shares, the days-to-cover ratio is currently 0.7 days.

Fairfax India Trading Down 0.8 %

Fairfax India stock traded down $0.13 during midday trading on Tuesday, reaching $15.81. The stock had a trading volume of 19,425 shares, compared to its average volume of 16,441. The firm’s fifty day simple moving average is $15.74 and its two-hundred day simple moving average is $14.99. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.83 and a quick ratio of 0.83. Fairfax India has a twelve month low of $13.55 and a twelve month high of $16.82. The firm has a market cap of $2.14 billion, a price-to-earnings ratio of 16.47 and a beta of 1.14.

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.