First Acceptance Co. (OTCMKTS:FACO) Short Interest Down 66.7% in August

First Acceptance Co. (OTCMKTS:FACO) was the recipient of a large decline in short interest in August. As of August 15th, there was short interest totalling 100 shares, a decline of 66.7% from the July 31st total of 300 shares. Based on an average trading volume of 13,100 shares, the short-interest ratio is currently 0.0 days.

First Acceptance Stock Up 2.0 %

OTCMKTS FACO traded up $0.07 during mid-day trading on Friday, reaching $3.58. 37,430 shares of the company’s stock traded hands, compared to its average volume of 8,646. First Acceptance has a 1-year low of $1.05 and a 1-year high of $4.35. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.28. The company has a market cap of $136.46 million, a price-to-earnings ratio of 1.73 and a beta of 0.23. The company has a fifty day simple moving average of $3.85 and a 200-day simple moving average of $3.27.

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.