First Acceptance Corporation (OTCMKTS:FACO) Short Interest Update

First Acceptance Corporation (OTCMKTS:FACO) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 15 shares, an increase of ∞ from the May 31st total of 0 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 5,807 shares, the days-to-cover ratio is currently 0.0 days.

First Acceptance Stock Down 0.6%

Shares of FACO traded down $0.03 during mid-day trading on Wednesday, hitting $5.38. 179 shares of the company traded hands, compared to its average volume of 7,346. First Acceptance has a 1-year low of $3.17 and a 1-year high of $5.84. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $198.58 million, a PE ratio of 5.72 and a beta of 0.20. The business has a 50 day moving average of $5.26 and a 200 day moving average of $4.62.

First Acceptance (OTCMKTS:FACO) last released its earnings results on Tuesday, May 5th. The company reported $0.22 EPS for the quarter. First Acceptance had a net margin of 7.11% and a return on equity of 17.90%. The company had revenue of $118.38 million during the quarter.

First Acceptance Company Profile

First Acceptance Corporation (OTCMKTS: FACO) is a specialty underwriter that focuses on directly marketed print and supplemental health insurance products. Through a network of postal and digital marketing channels, the company offers fixed indemnity medical plans designed to help policyholders manage out-of-pocket healthcare expenses. In addition to core health insurance plans, First Acceptance markets a variety of supplemental coverage options, including dental, accident and critical illness policies.

Beyond its print health business, First Acceptance operates an insurance risk retention group that enables member organizations to pool risk and purchase liability and healthcare benefit programs.