Fairfax India Holdings Co. (OTCMKTS:FFXDF) Sees Large Decrease in Short Interest

Fairfax India Holdings Co. (OTCMKTS:FFXDF) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 20,600 shares, a decline of 42.0% from the February 13th total of 35,500 shares. Based on an average daily volume of 90,300 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Fairfax India Stock Performance

OTCMKTS:FFXDF opened at $17.40 on Friday. The stock has a 50-day simple moving average of $17.71 and a two-hundred day simple moving average of $16.09. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.58 and a current ratio of 0.58. Fairfax India has a 52-week low of $13.55 and a 52-week high of $20.30. The firm has a market capitalization of $2.35 billion, a PE ratio of -56.13 and a beta of 1.14.

Fairfax India (OTCMKTS:FFXDF) last released its earnings results on Thursday, February 13th. The company reported ($0.27) earnings per share (EPS) for the quarter.

About Fairfax India

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.