Fairfax India Holdings Co. (OTCMKTS:FFXDF) Short Interest Up 6.5% in August

Fairfax India Holdings Co. (OTCMKTS:FFXDF) saw a significant increase in short interest during the month of August. As of August 15th, there was short interest totalling 129,000 shares, an increase of 6.5% from the July 31st total of 121,100 shares. Based on an average daily volume of 55,200 shares, the short-interest ratio is presently 2.3 days.

Fairfax India Stock Up 1.1 %

Fairfax India stock opened at $14.46 on Tuesday. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.83 and a quick ratio of 0.83. Fairfax India has a fifty-two week low of $12.20 and a fifty-two week high of $15.81. The firm has a fifty day moving average price of $14.35 and a two-hundred day moving average price of $14.41. The firm has a market cap of $1.96 billion, a price-to-earnings ratio of 16.43 and a beta of 1.19.

Fairfax India (OTCMKTS:FFXDF) last announced its quarterly earnings data on Thursday, August 1st. The company reported $1.88 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.