Finance of America Companies Inc. (NYSE:FOA) Short Interest Update

Finance of America Companies Inc. (NYSE:FOA) was the recipient of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 1,410,000 shares, an increase of 9.3% from the May 15th total of 1,290,000 shares. Based on an average daily volume of 128,200 shares, the days-to-cover ratio is presently 11.0 days. Currently, 4.5% of the shares of the company are sold short.

Finance of America Companies Stock Up 4.9 %

Shares of FOA stock opened at $0.60 on Wednesday. The stock has a market cap of $58.92 million, a P/E ratio of -0.49 and a beta of 1.06. Finance of America Companies has a one year low of $0.45 and a one year high of $2.09. The stock has a fifty day moving average price of $0.60 and a 200 day moving average price of $0.80. The company has a debt-to-equity ratio of 69.71, a current ratio of 2.84 and a quick ratio of 2.84.

Finance of America Companies (NYSE:FOA) last issued its earnings results on Monday, May 6th. The company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.07) by $0.01. The firm had revenue of $74.68 million during the quarter, compared to the consensus estimate of $59.00 million. Analysts predict that Finance of America Companies will post -0.04 earnings per share for the current year.

Finance of America Companies Company Profile

Finance of America Companies Inc a financial service holding company, through its subsidiaries, engages in the operation of a retirement solutions platform in the United States. It operates through two segments: Retirement Solutions and Portfolio Management. The Retirement Solutions segment engages in the loan origination activities comprising home equity conversion, proprietary reverse, and hybrid mortgage loans for senior homeowners.