Short Interest in Fairfax India Holdings Corporation (OTCMKTS:FFXDF) Grows By 50.2%

Fairfax India Holdings Corporation (OTCMKTS:FFXDF) was the target of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 32,634 shares, a growth of 50.2% from the January 15th total of 21,730 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 48,956 shares, the short-interest ratio is presently 0.7 days. Based on an average daily trading volume, of 48,956 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the company’s shares are sold short.

Fairfax India Stock Performance

Shares of OTCMKTS:FFXDF opened at $17.70 on Friday. The company has a 50-day moving average price of $17.36 and a 200-day moving average price of $17.42. The company has a market cap of $2.39 billion, a price-to-earnings ratio of 73.75 and a beta of 0.82. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.20. Fairfax India has a 12 month low of $14.55 and a 12 month high of $20.49.

About Fairfax India

Fairfax India (OTCMKTS:FFXDF) is a Bermuda‐incorporated, Toronto‐based investment holding company that focuses on equity and debt opportunities within India’s rapidly evolving economy. Publicly traded on the OTC market under the symbol FFXDF, the firm seeks to deliver long‐term capital appreciation through a diversified portfolio of Indian financial services, consumer products, healthcare, and industrial enterprises.

The company’s primary activities include making direct equity investments in publicly listed Indian companies as well as participating in private placements and structured debt instruments.