Fairfax India Holdings Co. (OTCMKTS:FFXDF) Short Interest Down 5.4% in August

Fairfax India Holdings Co. (OTCMKTS:FFXDF) saw a large drop in short interest in August. As of August 31st, there was short interest totalling 122,000 shares, a drop of 5.4% from the August 15th total of 129,000 shares. Based on an average daily volume of 47,500 shares, the short-interest ratio is presently 2.6 days.

Fairfax India Stock Performance

OTCMKTS FFXDF opened at $14.99 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.16. The company has a fifty day simple moving average of $14.43 and a 200 day simple moving average of $14.43. Fairfax India has a 12-month low of $12.20 and a 12-month high of $15.81. The company has a market cap of $2.03 billion, a P/E ratio of 17.03 and a beta of 1.17.

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