Short Interest in Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) Declines By 14.5%

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totalling 89,700 shares, a drop of 14.5% from the June 15th total of 104,900 shares. Based on an average daily trading volume, of 7,700 shares, the days-to-cover ratio is presently 11.6 days.

Fairfax Financial Stock Up 0.4 %

Fairfax Financial stock traded up $4.59 during midday trading on Tuesday, hitting $1,160.68. 3,622 shares of the company were exchanged, compared to its average volume of 6,979. The company has a market cap of $27.31 billion, a PE ratio of 7.50 and a beta of 0.79. Fairfax Financial has a fifty-two week low of $722.60 and a fifty-two week high of $1,175.00. The company’s fifty day moving average price is $1,131.65 and its 200-day moving average price is $1,075.83. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.31 and a quick ratio of 2.31.

Fairfax Financial (OTCMKTS:FRFHF) last posted its earnings results on Thursday, May 2nd. The financial services provider reported $30.82 EPS for the quarter. Fairfax Financial had a net margin of 13.79% and a return on equity of 15.60%. The business had revenue of $7.69 billion for the quarter.

Fairfax Financial Company Profile

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.