First Acceptance Co. (OTCMKTS:FACO) Short Interest Down 33.3% in February

First Acceptance Co. (OTCMKTS:FACO - Get Free Report) was the target of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 200 shares, a decrease of 33.3% from the February 13th total of 300 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

First Acceptance Stock Performance

OTCMKTS FACO traded up $0.08 on Wednesday, hitting $3.80. 1,166 shares of the stock traded hands, compared to its average volume of 7,326. The business's fifty day moving average is $3.23 and its two-hundred day moving average is $3.28. First Acceptance has a 12 month low of $2.59 and a 12 month high of $4.35. The firm has a market capitalization of $144.81 million, a price-to-earnings ratio of 1.82 and a beta of 0.10. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.57 and a current ratio of 0.57.

First Acceptance (OTCMKTS:FACO - Get Free Report) last posted its quarterly earnings results on Tuesday, March 4th. The company reported $0.21 EPS for the quarter. First Acceptance had a return on equity of 53.03% and a net margin of 12.41%. The firm had revenue of $127.23 million during the quarter.

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.