First Acceptance Corporation (OTCMKTS:FACO) Stock Short Interest Report for September

First Acceptance Corporation (OTCMKTS:FACO) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 218 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 93,147 shares, the short-interest ratio is currently 0.0 days.

First Acceptance Stock Up 0.5%

Shares of OTCMKTS:FACO traded up $0.03 during midday trading on Wednesday, hitting $6.00. 3,100 shares of the stock were exchanged, compared to its average volume of 9,199. The company has a market capitalization of $220.32 million, a PE ratio of 6.06 and a beta of 0.23. The business’s fifty day simple moving average is $6.07 and its two-hundred day simple moving average is $5.51. First Acceptance has a 52-week low of $3.24 and a 52-week high of $6.48. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.62 and a current ratio of 0.62.

First Acceptance (OTCMKTS:FACO) last posted its earnings results on Tuesday, August 4th. The company reported $0.26 EPS for the quarter. First Acceptance had a net margin of 7.82% and a return on equity of 18.63%. The company had revenue of $123.14 million during the quarter.

About First Acceptance

First Acceptance Corporation is an insurance holding company that provides personal automobile insurance, primarily serving drivers who may have difficulty obtaining coverage through standard insurers. Its insurance products are marketed under the Acceptance Insurance brand and are designed to meet state-required liability coverage and other vehicle-insurance needs.

The company distributes policies through a network of retail locations, independent agents and digital channels. In addition to nonstandard auto insurance, its offerings have included related products and services such as vehicle physical-damage coverage, roadside assistance and other ancillary insurance products, depending on the customer’s state and eligibility.

First Acceptance has historically focused on selected U.S.