ICC Holdings, Inc. (NASDAQ:ICCH) Short Interest Down 20.9% in February

ICC Holdings, Inc. (NASDAQ:ICCH - Get Free Report) was the recipient of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 3,400 shares, a decline of 20.9% from the January 31st total of 4,300 shares. Based on an average daily volume of 5,000 shares, the short-interest ratio is currently 0.7 days. Currently, 0.2% of the company's shares are sold short.

ICC Trading Up 1.5 %

Shares of NASDAQ:ICCH traded up $0.35 during trading on Friday, reaching $23.49. The stock had a trading volume of 56,538 shares, compared to its average volume of 5,583. ICC has a 52 week low of $14.96 and a 52 week 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 firm's fifty day moving average is $23.16 and its 200 day moving average is $23.10. The stock has a market cap of $73.74 million, a price-to-earnings ratio of 10.58 and a beta of 0.30.

ICC (NASDAQ:ICCH - Get Free Report) last issued its quarterly earnings results on Monday, February 24th. The company reported $0.54 EPS for the quarter. ICC had a net margin of 7.13% and a return on equity of 9.58%. The business had revenue of $23.94 million for the quarter.

Institutional Investors Weigh In On ICC

Several large investors have recently added to or reduced their stakes in ICCH. Northern Trust Corp acquired a new position in ICC in the fourth quarter valued at approximately $268,000. Geode Capital Management LLC lifted 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 period. CSS LLC IL lifted its position in shares of ICC by 8.7% during the 4th quarter. CSS LLC IL now owns 17,160 shares of the company's stock valued at $399,000 after acquiring an additional 1,375 shares during the period. Credit Industriel ET Commercial bought a new position in ICC during the fourth quarter worth $721,000. Finally, Gabelli Funds LLC grew its holdings in ICC by 7.9% in the fourth quarter. Gabelli Funds LLC now owns 54,775 shares of the company's stock worth $1,275,000 after purchasing an additional 4,000 shares during the period. Institutional investors and hedge funds own 46.50% of the company's stock.

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About ICC

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.