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

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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.

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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.

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