First Acceptance Co. (OTCMKTS:FACO) Sees Large Decrease in Short Interest

Date:



First Acceptance Co. (OTCMKTS:FACOGet Rating) saw a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 100 shares, a decline of 66.7% from the May 15th total of 300 shares. Based on an average trading volume of 1,400 shares, the days-to-cover ratio is presently 0.1 days.

FACO opened at $1.63 on Friday. The business has a fifty day moving average of $1.79 and a 200 day moving average of $1.97. First Acceptance has a 52-week low of $1.59 and a 52-week high of $2.55. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.59 and a current ratio of 0.59.

CHOOSE YOUR CHOICE GIFT CARD OFFER TODAY

First Acceptance Company Profile (Get Rating)

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.

Read More



Receive News & Ratings for First Acceptance Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for First Acceptance and related companies with MarketBeat.com’s FREE daily email newsletter.



Source link

CHOOSE YOUR CHOICE GIFT CARD OFFER TODAY

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

National survey by Erie Insura

Survey also reveals the degree to which financial concerns increased, values changed, and the top reasons people...

10 Habits That Drive Your Financial Growth

By John Rampton Unless you’re in the small percentile of people who have received a large inheritance or trust...

Despite recession fears, employers look to enhance benefits in 2023 – InsuranceNewsNet

Employers are caught between wanting to attract and retain employees while staring down a possible recession. That was...

Where Does Hanover Insurance Group Inc (THG) Stock Fall in the Insurance

Hanover Insurance Group Inc (THG) leads the Insurance - Property & Casualty industry with an overall score...