ICC Holdings, Inc. (NASDAQ:ICCH) Short Interest Update

ICC Holdings, Inc. (NASDAQ:ICCH) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 4,200 shares, a growth of 50.0% from the December 15th total of 2,800 shares. Based on an average daily volume of 4,100 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.3% of the shares of the stock are sold short.

Institutional Trading of ICC

Several large investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC boosted its position in shares of ICC by 19.1% during the 3rd quarter. Geode Capital Management LLC now owns 13,728 shares of the company’s stock valued at $315,000 after acquiring an additional 2,200 shares during the last quarter. Bank of Montreal Can acquired a new position in ICC in the 2nd quarter valued at about $532,000. Skandinaviska Enskilda Banken AB publ purchased a new stake in shares of ICC in the 2nd quarter valued at approximately $679,000. Gabelli Funds LLC acquired a new stake in shares of ICC during the 2nd quarter worth approximately $1,149,000. Finally, Gardner Lewis Asset Management L P purchased a new stake in shares of ICC during the 2nd quarter valued at approximately $2,594,000. 46.50% of the stock is currently owned by hedge funds and other institutional investors.

ICC Price Performance

Shares of ICCH stock traded down $0.05 during trading hours on Friday, reaching $23.25. The company had a trading volume of 7,329 shares, compared to its average volume of 3,970. ICC has a 12-month low of $14.78 and a 12-month high of $23.96. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market capitalization of $73.01 million, a price-to-earnings ratio of 10.47 and a beta of 0.32. The stock has a fifty day moving average of $23.24 and a 200-day moving average of $23.00.

ICC Company Profile

ICC Holdings, Inc, together with its subsidiaries, provides property and casualty insurance products to the food and beverage industry in the United States. It offers commercial multi-peril, liquor liability, workers' compensation, and umbrella liability insurance products. The company markets its products through independent agents in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Ohio, Pennsylvania, Utah, and Wisconsin.