Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) Sees Large Growth in Short Interest

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF - Get Free Report) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 53,500 shares, a growth of 6.8% from the September 30th total of 50,100 shares. Based on an average trading volume of 9,700 shares, the days-to-cover ratio is presently 5.5 days.

Fairfax Financial Trading Down 1.3 %

FRFHF stock traded down $16.90 during mid-day trading on Thursday, reaching $1,245.52. The company's stock had a trading volume of 1,953 shares, compared to its average volume of 6,024. The company has a market cap of $29.31 billion, a price-to-earnings ratio of 8.16 and a beta of 0.78. The business's 50 day moving average price is $1,235.48 and its 200 day moving average price is $1,163.02. The company has a current ratio of 4.09, a quick ratio of 4.09 and a debt-to-equity ratio of 0.42. Fairfax Financial has a 12 month low of $808.75 and a 12 month high of $1,295.00.

Fairfax Financial (OTCMKTS:FRFHF - Get Free Report) last issued its earnings results on Thursday, August 1st. The financial services provider reported $37.18 earnings per share for the quarter. The business had revenue of $7.49 billion during the quarter. Fairfax Financial had a return on equity of 15.83% and a net margin of 14.01%. On average, equities research analysts predict that Fairfax Financial will post 149.29 EPS for the current year.

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.