First Acceptance Co. (OTCMKTS:FACO) Short Interest Update

First Acceptance Co. (OTCMKTS:FACO) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 900 shares, a growth of 12.5% from the October 15th total of 800 shares. Based on an average trading volume of 5,000 shares, the short-interest ratio is presently 0.2 days.

First Acceptance Price Performance

Shares of OTCMKTS:FACO remained flat at $3.37 during midday trading on Monday. The business has a 50-day simple moving average of $3.37 and a two-hundred day simple moving average of $3.61. The company has a market cap of $128.57 million, a P/E ratio of 1.61 and a beta of 0.21. The company has a current ratio of 0.57, a quick ratio of 0.59 and a debt-to-equity ratio of 0.25. First Acceptance has a 1 year low of $1.43 and a 1 year high of $4.35.

First Acceptance (OTCMKTS:FACO) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.14 earnings per share for the quarter. The business had revenue of $129.26 million for the quarter. First Acceptance had a net margin of 12.41% and a return on equity of 53.03%.

About First Acceptance

First Acceptance Corporation, together with its subsidiaries, operates as a retailer, servicer, and underwriter of non-standard personal automobile insurance and related products in the United States. It issues non-standard automobile insurance policies to individuals based on their inability or unwillingness to obtain insurance coverage from standard carriers due to various factors, including their payment preference, failure to maintain continuous insurance coverage, or driving record.