Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) Short Interest Down 22.4% in November

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) was the recipient of a significant decrease in short interest in November. As of November 30th, there was short interest totalling 39,600 shares, a decrease of 22.4% from the November 15th total of 51,000 shares. Based on an average trading volume of 9,000 shares, the days-to-cover ratio is presently 4.4 days.

Analyst Ratings Changes

Separately, Royal Bank of Canada raised their price objective on shares of Fairfax Financial from $1,425.00 to $1,500.00 and gave the company an “outperform” rating in a research note on Monday, November 4th.

Fairfax Financial Price Performance

FRFHF traded up $1.23 during trading on Friday, reaching $1,396.95. 2,898 shares of the stock were exchanged, compared to its average volume of 5,795. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.45 and a quick ratio of 2.45. The company has a market capitalization of $32.41 billion, a price-to-earnings ratio of 8.54 and a beta of 0.81. Fairfax Financial has a 1 year low of $875.73 and a 1 year high of $1,464.00. The business’s 50 day moving average price is $1,334.96 and its two-hundred day moving average price is $1,221.21.

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.