Fairfax India Holdings Corporation (OTCMKTS:FFXDF) Short Interest Update

Fairfax India Holdings Corporation (OTCMKTS:FFXDF) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 49,342 shares, an increase of 105.3% from the July 30th total of 24,029 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 61,421 shares, the short-interest ratio is presently 0.8 days.

Fairfax India Price Performance

FFXDF stock opened at $18.84 on Monday. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.15. Fairfax India has a 52 week low of $15.46 and a 52 week high of $20.49. The company has a market cap of $2.54 billion, a PE ratio of 12.64 and a beta of 0.85. The business has a 50-day simple moving average of $18.51 and a 200 day simple moving average of $17.88.

Fairfax India (OTCMKTS:FFXDF) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $1.34. The firm had revenue of ($111.49) million during the quarter, compared to the consensus estimate of $3.72 million.

Fairfax India Company Profile

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.