Short Interest in First Acceptance Corporation (OTCMKTS:FACO) Increases By ?

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

First Acceptance Price Performance

OTCMKTS FACO opened at $5.41 on Tuesday. First Acceptance has a 1 year low of $3.17 and a 1 year high of $5.84. The company has a fifty day simple moving average of $5.25 and a 200 day simple moving average of $4.61. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.20. The company has a market cap of $199.68 million, a P/E ratio of 5.76 and a beta of 0.20.

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