ICC Holdings, Inc. (NASDAQ:ICCH - Get Free Report) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 2,800 shares, an increase of 47.4% from the November 30th total of 1,900 shares. Based on an average trading volume of 4,800 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the company's stock are sold short.
ICC Stock Down 0.5 %
ICCH traded down $0.11 during trading on Monday, hitting $23.29. The company had a trading volume of 827 shares, compared to its average volume of 9,400. The firm's 50-day moving average price is $23.18 and its 200 day moving average price is $22.91. The company has a market capitalization of $73.11 million, a PE ratio of 10.49 and a beta of 0.32. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.21. ICC has a one year low of $14.78 and a one year high of $23.96.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of ICCH. Geode Capital Management LLC lifted its stake in ICC by 19.1% in 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 in the last quarter. Bank of Montreal Can acquired a new position in ICC during the second quarter worth $532,000. Skandinaviska Enskilda Banken AB publ bought a new position in ICC in the second quarter valued at $679,000. Gabelli Funds LLC acquired a new stake in ICC in the 2nd quarter valued at $1,149,000. Finally, Gardner Lewis Asset Management L P bought a new stake in ICC during the 2nd quarter worth about $2,594,000. 46.50% of the stock is owned by institutional investors and hedge funds.
About ICC
(
Get Free Report)
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.
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