Fairfax India Holdings Co. (OTCMKTS:FFXDF) Short Interest Down 42.0% in February

Fairfax India Holdings Co. (OTCMKTS:FFXDF) was the target of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 20,600 shares, a drop of 42.0% from the February 13th total of 35,500 shares. Based on an average trading volume of 90,300 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

Fairfax India Trading Up 2.1 %

FFXDF stock traded up $0.35 during midday trading on Friday, reaching $17.40. The stock had a trading volume of 15,019 shares, compared to its average volume of 40,838. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.16. Fairfax India has a twelve month low of $13.55 and a twelve month high of $20.30. The firm has a market cap of $2.35 billion, a price-to-earnings ratio of -56.13 and a beta of 1.14. The business has a fifty day simple moving average of $17.71 and a two-hundred day simple moving average of $16.10.

Fairfax India (OTCMKTS:FFXDF) last posted its earnings results on Thursday, February 13th. The company reported ($0.27) earnings per share (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.