FAIRFAX coinciding with short interest, page-14

This is not correct. Market sensitive material (either good or bad) has to be released in a timely fashion. You cannot assume this.

They have typically released business updates on the 2nd/3rd week of the month so they are just sticking to the usual timelines. That being said it if I was shorting I would not be sitting on shorts knowing a price sensitive announcement is coming- there would be a high risk of a squeeze...