Fairfax India Holdings Co. (OTCMKTS:FFXDF) Short Interest Update

Fairfax India Holdings Co. (OTCMKTS:FFXDF) experienced a notable increase in short interest throughout March. As of March 15, the total short interest reached 27,700 shares, reflecting a surge of 34.5% compared to the 20,600 shares reported by February 28. Currently, there are no shares of the stock sold short, indicating 0.0% of shares are involved in short selling. Given an average daily trading volume of 65,000 shares, the short-interest ratio stands at 0.4 days.

Fairfax India Price Performance

The shares of OTCMKTS FFXDF increased by $0.26 during mid-day trading on a recent Monday, bringing the price to $16.73. During this trading session, 13,553 shares exchanged hands, which is below the average volume of 44,238 shares. Fairfax India has a debt-to-equity ratio of 0.16, a current ratio of 0.58, and a quick ratio of 0.58. Over the past year, the stock hit a low of $13.55 and a high of $20.30. Its 50-day moving average is $17.94, while the two-hundred day moving average is $16.29. The company's market capitalization is $2.26 billion, with a P/E ratio of -53.97 and a beta of 1.14.

Recent Earnings Results

Fairfax India released its quarterly earnings report on February 13, where it disclosed an EPS of ($0.27) for the quarter.

Company Overview

Fairfax India Holdings Corporation operates as an investment holding firm based in India. The company focuses on investments in public and private equity securities and debt instruments relating to Indian businesses, or those businesses connected to India either through customers or suppliers. Fairfax India was established in 2014 and is headquartered in Toronto, Canada.

Investment Considerations

Before making any investment decisions regarding Fairfax India, it is prudent to conduct thorough research. MarketBeat tracks the insights of top financial analysts and their recommended stocks, and it is notable that Fairfax India is not included among the more favorable recommendations at the moment. Analysts generally classify it with a Hold rating but suggest that certain other stocks might present better investment opportunities.

Fairfax, Short, Interest