Short Interest in Fairfax India Holdings Corporation (OTCMKTS:FFXDF) Grows By 50.2%

Fairfax India Holdings Corporation (OTCMKTS:FFXDF) was the recipient of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 32,634 shares, an increase of 50.2% from the January 15th total of 21,730 shares. Based on an average trading volume of 48,956 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 48,956 shares, the short-interest ratio is presently 0.7 days.

Fairfax India Trading Up 0.6%

Shares of OTCMKTS FFXDF traded up $0.10 during midday trading on Monday, hitting $17.70. The stock had a trading volume of 19,967 shares, compared to its average volume of 29,829. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.20. Fairfax India has a 1-year low of $14.55 and a 1-year high of $20.49. The company has a market capitalization of $2.39 billion, a price-to-earnings ratio of 73.75 and a beta of 0.82. The company has a fifty day moving average price of $17.36 and a 200 day moving average price of $17.41.

About Fairfax India

Fairfax India (OTCMKTS:FFXDF) is a Bermuda‐incorporated, Toronto‐based investment holding company that focuses on equity and debt opportunities within India’s rapidly evolving economy. Publicly traded on the OTC market under the symbol FFXDF, the firm seeks to deliver long‐term capital appreciation through a diversified portfolio of Indian financial services, consumer products, healthcare, and industrial enterprises.

The company’s primary activities include making direct equity investments in publicly listed Indian companies as well as participating in private placements and structured debt instruments.