Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) Short Interest Down 35.5% in September

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) was the target of a large drop in short interest in September. As of September 30th, there was short interest totalling 50,100 shares, a drop of 35.5% from the September 15th total of 77,700 shares. Based on an average daily trading volume, of 4,800 shares, the days-to-cover ratio is currently 10.4 days.

Fairfax Financial Price Performance

FRFHF traded down $5.95 during trading on Monday, reaching $1,265.18. 850 shares of the company traded hands, compared to its average volume of 6,223. The company has a debt-to-equity ratio of 0.42, a quick ratio of 4.09 and a current ratio of 4.09. Fairfax Financial has a 12-month low of $781.00 and a 12-month high of $1,295.00. The firm has a fifty day simple moving average of $1,199.65 and a 200 day simple moving average of $1,148.89. The company has a market cap of $29.77 billion, a P/E ratio of 8.18 and a beta of 0.78.

Fairfax Financial (OTCMKTS:FRFHF) last posted its earnings results on Thursday, August 1st. The financial services provider reported $37.18 EPS for the quarter. The firm had revenue of $7.49 billion during the quarter. Fairfax Financial had a return on equity of 15.83% and a net margin of 14.01%.

About Fairfax Financial

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.