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

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 47,800 shares, an increase of 8.1% from the December 15th 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.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada lifted their price objective 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 Trading Up 0.8 %

OTCMKTS FRFHF opened at $1,381.39 on Monday. Fairfax Financial has a 52 week low of $904.98 and a 52 week high of $1,464.00. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.45 and a current ratio of 2.45. The stock’s 50 day moving average price is $1,389.70 and its two-hundred day moving average price is $1,268.25. The stock has a market capitalization of $32.02 billion, a price-to-earnings ratio of 8.24 and a beta of 0.81.

Fairfax Financial Announces Dividend

The firm also recently announced an annual dividend, which will be paid on Thursday, January 23rd. Investors of record on Thursday, January 16th will be given a $15.00 dividend. This represents a yield of 1.09%. The ex-dividend date of this dividend is Thursday, January 16th. Fairfax Financial’s dividend payout ratio (DPR) is currently 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.