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

Finance of America Companies Inc. (NYSE:FOA) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totalling 341,000 shares, a decrease of 76.3% from the June 30th total of 1,440,000 shares. Based on an average trading volume of 274,400 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.0% of the shares of the stock are short sold.

Finance of America Companies Price Performance

Finance of America Companies stock traded up $0.26 during mid-day trading on Friday, hitting $7.72. The company’s stock had a trading volume of 7,275 shares, compared to its average volume of 504,229. Finance of America Companies has a twelve month low of $4.10 and a twelve month high of $20.50. The stock’s fifty day moving average price is $6.02 and its two-hundred day moving average price is $7.14. The stock has a market capitalization of $762.81 million, a P/E ratio of -6.38 and a beta of 1.04. The company has a quick ratio of 2.84, a current ratio of 2.84 and a debt-to-equity ratio of 69.71.

Finance of America Companies (NYSE:FOA) last issued its earnings results on Monday, May 6th. The company reported ($0.60) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.70) by $0.10. The company had revenue of $74.68 million during the quarter, compared to analyst estimates of $59.00 million. Research analysts forecast 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.