Short Interest in First Acceptance Co. (OTCMKTS:FACO) Grows By 100.0%

First Acceptance Co. (OTCMKTS:FACO) was the recipient of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 200 shares, a growth of 100.0% from the January 15th total of 100 shares. Based on an average daily volume of 8,700 shares, the short-interest ratio is presently 0.0 days.

First Acceptance Stock Performance

Shares of OTCMKTS FACO opened at $3.19 on Friday. The stock has a 50 day moving average price of $3.13 and a 200 day moving average price of $3.34. First Acceptance has a 52 week low of $1.98 and a 52 week high of $4.35. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.57 and a current ratio of 0.57. The stock has a market capitalization of $121.48 million, a PE ratio of 1.53 and a beta of 0.19.

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.