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

ICC Holdings, Inc. (NASDAQ:ICCH) saw a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 1,900 shares, a decline of 9.5% from the November 15th total of 2,100 shares. Based on an average trading volume of 3,300 shares, the short-interest ratio is presently 0.6 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Trading of ICC

Several hedge funds have recently modified their holdings of the stock. Geode Capital Management LLC increased its position in shares of ICC by 19.1% in the third 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 shares of ICC in the second quarter valued at $532,000. Skandinaviska Enskilda Banken AB publ bought a new position in ICC in the 2nd quarter valued at about $679,000. Gabelli Funds LLC bought a new stake in shares of ICC during the second quarter worth approximately $1,149,000. Finally, Gardner Lewis Asset Management L P bought a new position in shares of ICC during the second quarter worth approximately $2,594,000. 46.50% of the stock is owned by institutional investors.

ICC Price Performance

NASDAQ ICCH opened at $23.30 on Friday. The stock’s 50 day simple moving average is $23.10 and its 200 day simple moving average is $22.46. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.04 and a quick ratio of 1.04. ICC has a one year low of $14.78 and a one year high of $23.39. The firm has a market cap of $73.16 million, a PE ratio of 10.50 and a beta of 0.32.

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.