Fairfax India Holdings Co. (OTCMKTS:FFXDF - Get Free Report) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 27,300 shares, a growth of 139.5% from the December 15th total of 11,400 shares. Based on an average daily volume of 37,100 shares, the days-to-cover ratio is presently 0.7 days.
Fairfax India Stock Performance
FFXDF stock traded down $0.13 during trading on Tuesday, reaching $15.81. 19,425 shares of the company's stock were exchanged, compared to its average volume of 16,441. The firm has a market cap of $2.14 billion, a PE ratio of 16.47 and a beta of 1.14. The company's fifty day moving average price is $15.74 and its 200-day moving average price is $14.99. Fairfax India has a 1-year low of $13.55 and a 1-year high of $16.82. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.16.
About Fairfax India
(
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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.
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