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

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

Fairfax India Trading Up 0.2 %

Shares of Fairfax India stock opened at $14.96 on Thursday. Fairfax India has a 1 year low of $12.20 and a 1 year high of $15.81. The company’s fifty day simple moving average is $14.42 and its 200-day simple moving average is $14.43. The company has a market cap of $2.03 billion, a price-to-earnings ratio of 17.00 and a beta of 1.17. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.16.

Fairfax India (OTCMKTS:FFXDF) last posted its quarterly earnings results 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.