Fairfax India Holdings Co. (OTCMKTS:FFXDF) Short Interest Update

Fairfax India Holdings Co. (OTCMKTS:FFXDF) was the target of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 9,200 shares, a drop of 66.8% from the March 15th total of 27,700 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 96,600 shares, the short-interest ratio is currently 0.1 days.

Fairfax India Stock Performance

Fairfax India stock traded up $0.00 during midday trading on Thursday, reaching $16.00. 52,693 shares of the company’s stock were exchanged, compared to its average volume of 49,300. The stock’s 50-day simple moving average is $17.34 and its 200 day simple moving average is $16.36. Fairfax India has a 52 week low of $13.55 and a 52 week high of $20.30. The firm has a market cap of $2.16 billion, a price-to-earnings ratio of -51.61 and a beta of 0.87. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.58 and a current ratio of 0.58.

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