First Acceptance Co. (OTCMKTS:FACO) Short Interest Up 12.5% in October

First Acceptance Co. (OTCMKTS:FACO - Get Free Report) was the target of a large growth in short interest in the month of 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 days-to-cover ratio is currently 0.2 days.

First Acceptance Stock Performance

FACO traded down $0.02 during trading on Monday, hitting $3.35. The stock had a trading volume of 10,977 shares, compared to its average volume of 10,099. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.59 and a current ratio of 0.57. The firm has a market capitalization of $127.90 million, a P/E ratio of 1.60 and a beta of 0.21. The company's 50-day moving average price is $3.37 and its 200 day moving average price is $3.62. First Acceptance has a twelve month low of $1.47 and a twelve month high of $4.35.

First Acceptance (OTCMKTS:FACO - Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.14 earnings per share (EPS) for the quarter. The company 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.