Short Interest in ICF International, Inc. (NASDAQ:ICFI) Increases By 9.2%

ICF International, Inc. (NASDAQ:ICFI - Get Free Report) was the recipient of a significant increase in short interest in January. As of January 31st, there was short interest totalling 867,000 shares, an increase of 9.2% from the January 15th total of 794,300 shares. Currently, 4.7% of the company's stock are short sold. Based on an average trading volume of 231,200 shares, the days-to-cover ratio is presently 3.8 days.

ICF International Stock Performance

Shares of ICF International stock traded down $1.30 during trading on Thursday, reaching $100.50. The company's stock had a trading volume of 618,639 shares, compared to its average volume of 261,498. The company has a 50-day moving average price of $119.74 and a two-hundred day moving average price of $145.27. The firm has a market cap of $1.89 billion, a PE ratio of 17.66 and a beta of 0.56. ICF International has a fifty-two week low of $99.72 and a fifty-two week high of $179.67. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.43.

Hedge Funds Weigh In On ICF International

A number of institutional investors have recently modified their holdings of the business. Farther Finance Advisors LLC increased its holdings in shares of ICF International by 13.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 502 shares of the business services provider's stock valued at $84,000 after acquiring an additional 58 shares during the period. Chartwell Investment Partners LLC increased its stake in ICF International by 0.8% in the 3rd quarter. Chartwell Investment Partners LLC now owns 8,255 shares of the business services provider's stock valued at $1,377,000 after buying an additional 67 shares during the period. Torray Investment Partners LLC increased its stake in ICF International by 1.2% in the 4th quarter. Torray Investment Partners LLC now owns 13,100 shares of the business services provider's stock valued at $1,562,000 after buying an additional 152 shares during the period. Russell Investments Group Ltd. increased its stake in ICF International by 1.0% in the 4th quarter. Russell Investments Group Ltd. now owns 21,065 shares of the business services provider's stock valued at $2,511,000 after buying an additional 218 shares during the period. Finally, SG Americas Securities LLC increased its stake in ICF International by 44.4% in the 4th quarter. SG Americas Securities LLC now owns 1,103 shares of the business services provider's stock valued at $131,000 after buying an additional 339 shares during the period. 94.12% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ICFI has been the topic of several recent analyst reports. Sidoti upgraded shares of ICF International from a "neutral" rating to a "buy" rating and set a $185.00 price target on the stock in a research note on Tuesday, November 19th. Truist Financial dropped their price target on shares of ICF International from $180.00 to $140.00 and set a "hold" rating on the stock in a research note on Friday, November 22nd. StockNews.com lowered shares of ICF International from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, November 27th. Finally, D. Boral Capital reiterated an "outperform" rating and issued a $174.00 price target on shares of ICF International in a research note on Monday, December 16th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat, ICF International has an average rating of "Moderate Buy" and an average price target of $168.60.

About ICF International

ICF International, Inc provides management, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company researches critical policy, industry, stakeholder issues, trends, and behaviors; measures and evaluates results and their impact; and provides strategic planning and advisory services to its clients on how to navigate societal, business, market, business, communication, and technology challenges.