First Acceptance Corporation (OTCMKTS:FACO) Short Interest Update

First Acceptance Corporation (OTCMKTS:FACO) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 188 shares, a decrease of 66.2% from the April 30th total of 557 shares. Based on an average trading volume of 31,165 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

First Acceptance Price Performance

OTCMKTS:FACO traded up $0.22 during mid-day trading on Friday, reaching $5.60. 7,053 shares of the company were exchanged, compared to its average volume of 9,132. First Acceptance has a 12 month low of $3.11 and a 12 month high of $5.60. The company has a fifty day moving average of $4.92 and a 200 day moving average of $4.36. 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 stock has a market cap of $206.62 million, a PE ratio of 5.96 and a beta of 0.16.

First Acceptance (OTCMKTS:FACO) last issued its quarterly earnings data 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 firm had revenue of $118.38 million for the quarter.

About First Acceptance

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.