First Acceptance Corporation (OTCMKTS:FACO) Short Interest Up ? in July

First Acceptance Corporation (OTCMKTS:FACO) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 1 shares, an increase of ? from the July 15th total of 0 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 6,683 shares, the short-interest ratio is currently 0.0 days.

First Acceptance Trading Down 0.8%

Shares of FACO opened at $6.09 on Monday. First Acceptance has a 1-year low of $3.24 and a 1-year high of $6.31. The company has a 50-day moving average of $5.52 and a 200 day moving average of $4.97. The firm has a market capitalization of $224.78 million, a price-to-earnings ratio of 6.15 and a beta of 0.21. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.63 and a quick ratio of 0.63.

First Acceptance (OTCMKTS:FACO) last issued its earnings results on Tuesday, August 4th. The company reported $0.26 EPS for the quarter. The business had revenue of $123.14 million for the quarter. First Acceptance had a net margin of 7.82% and a return on equity of 19.01%.

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.