First Acceptance Corporation (OTCMKTS:FACO) Short Interest Up ∞ in June

First Acceptance Corporation (OTCMKTS:FACO) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 15 shares, an increase of ∞ from the May 31st total of 0 shares. Based on an average daily volume of 5,807 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

First Acceptance Stock Performance

OTCMKTS FACO opened at $5.41 on Tuesday. The company’s fifty day moving average is $5.25 and its two-hundred day moving average is $4.61. First Acceptance has a 52-week low of $3.17 and a 52-week high of $5.84. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.63 and a quick ratio of 0.63. The firm has a market capitalization of $199.68 million, a price-to-earnings ratio of 5.76 and a beta of 0.20.

First Acceptance (OTCMKTS:FACO) last announced 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 business had revenue of $118.38 million during 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.