Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) Short Interest Up 8.1% in January

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF - Get Free Report) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 47,800 shares, an increase of 8.1% from the December 31st total of 44,200 shares. Based on an average daily trading volume, of 7,300 shares, the short-interest ratio is currently 6.5 days.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada upped their target price on Fairfax Financial from $1,425.00 to $1,500.00 and gave the company an "outperform" rating in a report on Monday, November 4th.

Fairfax Financial Stock Up 1.4 %

OTCMKTS FRFHF traded up $18.99 on Friday, hitting $1,413.80. 4,462 shares of the company were exchanged, compared to its average volume of 3,671. The company has a current ratio of 2.45, a quick ratio of 2.45 and a debt-to-equity ratio of 0.39. The company has a market cap of $32.36 billion, a PE ratio of 8.65 and a beta of 0.80. The stock has a fifty day moving average of $1,390.78 and a 200-day moving average of $1,289.03. Fairfax Financial has a 12 month low of $904.98 and a 12 month high of $1,464.00.

Fairfax Financial Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Thursday, January 23rd. Shareholders of record on Thursday, January 16th were paid a $15.00 dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a yield of 1.09%. Fairfax Financial's dividend payout ratio (DPR) is presently 9.17%.

About Fairfax Financial

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.