Fairfax India Holdings Corporation (OTCMKTS:FFXDF) Short Interest Up 84.3% in March

Fairfax India Holdings Corporation (OTCMKTS:FFXDF) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 65,299 shares, a growth of 84.3% from the February 26th total of 35,426 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 80,854 shares, the short-interest ratio is presently 0.8 days.

Fairfax India Stock Performance

FFXDF opened at $16.25 on Friday. Fairfax India has a twelve month low of $14.55 and a twelve month high of $20.49. The firm has a market capitalization of $2.19 billion, a PE ratio of 5.35 and a beta of 0.80. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.15. The firm’s 50-day moving average price is $17.55 and its 200 day moving average price is $17.23.

Fairfax India (OTCMKTS:FFXDF) last released its quarterly earnings data on Thursday, February 19th. The company reported $2.53 EPS for the quarter.

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.