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


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

First Acceptance Co. (OTCMKTS:FACO - Get Free Report) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totalling 200 shares, a growth of 100.0% from the September 15th total of 100 shares. Based on an average daily volume of 18,300 shares, the short-interest ratio is currently 0.0 days.

FACO stock traded up $0.02 on Friday, reaching $3.17. 2,612 shares of the company traded hands, compared to its average volume of 10,644. The firm has a fifty day simple moving average of $3.43 and a 200-day simple moving average of $3.46. The company has a market cap of $120.83 million, a P/E ratio of 1.53 and a beta of 0.21. First Acceptance has a one year low of $1.05 and a one year high of $4.35. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.59 and a quick ratio of 0.59.

First Acceptance (OTCMKTS:FACO - Get Free Report) last issued its quarterly earnings results on Tuesday, August 13th. The company reported $0.15 earnings per share for the quarter. The firm had revenue of $157.68 million during the quarter. First Acceptance had a return on equity of 63.60% and a net margin of 12.61%.

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.

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