Fairfax India Holdings Co. (OTCMKTS:FFXDF) Short Interest Up 255.0% in February

Fairfax India Holdings Co. (OTCMKTS:FFXDF) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 35,500 shares, a growth of 255.0% from the January 31st total of 10,000 shares. Based on an average daily trading volume, of 101,500 shares, the days-to-cover ratio is presently 0.3 days.

Fairfax India Stock Down 0.7 %

Shares of OTCMKTS FFXDF opened at $18.27 on Friday. The company has a 50 day simple moving average of $17.35 and a 200 day simple moving average of $15.88. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.58 and a quick ratio of 0.58. Fairfax India has a 1 year low of $13.55 and a 1 year high of $20.30. The firm has a market cap of $2.47 billion, a PE ratio of -58.93 and a beta of 1.14.

Fairfax India (OTCMKTS:FFXDF) last released its quarterly 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.