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

First Acceptance Co. (OTCMKTS:FACO - Get Free Report) saw a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 600 shares, a drop of 33.3% from the October 31st total of 900 shares. Based on an average daily trading volume, of 11,300 shares, the days-to-cover ratio is presently 0.1 days.

First Acceptance Price Performance

OTCMKTS:FACO traded down $0.02 during mid-day trading on Friday, reaching $3.31. 10,323 shares of the stock were exchanged, compared to its average volume of 9,896. The business has a fifty day moving average price of $3.38 and a 200 day moving average price of $3.61. The firm has a market capitalization of $126.28 million, a PE ratio of 1.58 and a beta of 0.21. First Acceptance has a 1-year low of $1.57 and a 1-year high of $4.35. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.25.

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

First Acceptance Company Profile

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.