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

Fairfax India Holdings Co. (OTCMKTS:FFXDF) was the target of a significant increase in short interest during 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 daily trading volume, of 46,200 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are sold short.

Fairfax India Stock Performance

FFXDF stock opened at $18.10 on Monday. The firm has a market cap of $2.45 billion, a price-to-earnings ratio of -58.39 and a beta of 0.81. The firm has a 50-day simple moving average of $16.95 and a two-hundred day simple moving average of $16.96. Fairfax India has a one year low of $13.71 and a one year high of $20.30. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.58 and a current ratio of 0.58.

Fairfax India (OTCMKTS:FFXDF) last released its quarterly earnings results on Thursday, May 1st. The company reported ($1.57) 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.