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

Fairfax India Holdings Co. (OTCMKTS:FFXDFGet Rating) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 131,900 shares, an increase of 7.1% from the February 13th total of 123,200 shares. Based on an average daily volume of 36,300 shares, the short-interest ratio is presently 3.6 days.

Fairfax India Stock Down 0.2 %

Shares of FFXDF opened at $12.27 on Thursday. The stock has a market cap of $1.70 billion, a price-to-earnings ratio of -122.70 and a beta of 1.04. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 0.18. Fairfax India has a 12 month low of $9.26 and a 12 month high of $14.71. The company has a 50-day moving average price of $13.21 and a two-hundred day moving average price of $11.65.

About Fairfax India

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Fairfax India Holdings Corporation is an investment holding company whose investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, India.

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