Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) Short Interest Update

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF - Get Free Report) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 44,200 shares, a growth of 11.6% from the November 30th total of 39,600 shares. Based on an average trading volume of 5,300 shares, the short-interest ratio is currently 8.3 days.

Fairfax Financial Trading Up 0.2 %

Shares of Fairfax Financial stock traded up $3.03 during trading on Wednesday, reaching $1,389.76. 1,686 shares of the stock were exchanged, compared to its average volume of 5,733. Fairfax Financial has a 1 year low of $898.69 and a 1 year high of $1,464.00. The firm has a market cap of $32.22 billion, a price-to-earnings ratio of 8.50 and a beta of 0.81. The company has a quick ratio of 2.45, a current ratio of 2.45 and a debt-to-equity ratio of 0.39. The stock's fifty day moving average is $1,370.00 and its 200 day moving average is $1,246.32.

Analyst Ratings Changes

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

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.