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

First Acceptance Co. (OTCMKTS:FACO) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 200 shares, an increase 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 Price Performance

Shares of OTCMKTS FACO opened at $3.19 on Friday. The firm has a market cap of $121.48 million, a P/E ratio of 1.53 and a beta of 0.19. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.25. First Acceptance has a 1-year low of $1.98 and a 1-year high of $4.35. The business’s 50 day moving average is $3.13 and its 200-day moving average is $3.34.

First Acceptance Company Profile

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.