Fairfax India Holdings Co. (OTCMKTS:FFXDF) Short Interest Up 114.5% in May

Fairfax India Holdings Co. (OTCMKTS:FFXDF) saw a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 14,800 shares, an increase of 114.5% from the May 15th total of 6,900 shares. Based on an average trading volume of 46,200 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company’s stock are sold short.

Fairfax India Stock Up 0.3%

OTCMKTS:FFXDF opened at $18.10 on Monday. Fairfax India has a 1-year low of $13.71 and a 1-year high of $20.30. The company has a 50-day moving average of $16.95 and a 200 day moving average of $16.96. The firm has a market cap of $2.45 billion, a PE ratio of -58.39 and a beta of 0.81. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.58 and a quick ratio of 0.58.

Fairfax India (OTCMKTS:FFXDF) last released its quarterly earnings data on Thursday, May 1st. The company reported ($1.57) earnings per share for the quarter.

Fairfax India Company Profile

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.