Short Interest in First Acceptance Corporation (OTCMKTS:FACO) Rises By ∞

First Acceptance Corporation (OTCMKTS:FACO) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 1 shares, an increase of ∞ from the July 15th total of 0 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 6,683 shares, the short-interest ratio is currently 0.0 days.

First Acceptance Stock Performance

Shares of OTCMKTS:FACO remained flat at $6.09 during midday trading on Friday. 1,219 shares of the stock were exchanged, compared to its average volume of 6,217. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.63 and a quick ratio of 0.63. The business has a 50 day moving average price of $5.52 and a 200 day moving average price of $4.96. First Acceptance has a one year low of $3.24 and a one year high of $6.31. The stock has a market cap of $224.78 million, a price-to-earnings ratio of 6.15 and a beta of 0.21.

First Acceptance (OTCMKTS:FACO) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.26 earnings per share for the quarter. The firm had revenue of $123.14 million for the quarter. First Acceptance had a return on equity of 19.01% and a net margin of 7.82%.

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.