Short Interest in First Acceptance Co. (OTCMKTS:FACO) Increases By 50.0%

First Acceptance Co. (OTCMKTS:FACO) was the recipient of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 300 shares, a growth of 50.0% from the January 31st total of 200 shares. Based on an average trading volume of 7,400 shares, the short-interest ratio is currently 0.0 days.

First Acceptance Price Performance

OTCMKTS FACO remained flat at $3.13 during trading hours on Tuesday. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $119.28 million, a P/E ratio of 1.50 and a beta of 0.19. First Acceptance has a 12-month low of $2.00 and a 12-month high of $4.35. The stock’s fifty day moving average is $3.13 and its 200 day moving average is $3.29.

First Acceptance (OTCMKTS:FACO) last announced its quarterly earnings results on Tuesday, March 4th. The company reported $0.21 earnings per share (EPS) 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.