ICC Holdings, Inc. (NASDAQ:ICCH) Short Interest Up 47.4% in December

ICC Holdings, Inc. (NASDAQ:ICCH) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 2,800 shares, a growth of 47.4% from the November 30th total of 1,900 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 4,800 shares, the short-interest ratio is presently 0.6 days.

ICC Price Performance

Shares of ICC stock traded down $0.07 during trading on Monday, hitting $23.28. 485 shares of the company’s stock traded hands, compared to its average volume of 9,398. The company has a market cap of $73.08 million, a PE ratio of 10.49 and a beta of 0.32. The firm’s fifty day moving average price is $23.18 and its 200 day moving average price is $22.91. ICC has a twelve month low of $14.78 and a twelve month high of $23.96. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.04 and a quick ratio of 1.04.

Institutional Investors Weigh In On ICC

A number of institutional investors have recently added to or reduced their stakes in ICCH. 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 worth $315,000 after buying an additional 2,200 shares during the period. Bank of Montreal Can bought a new position in shares of ICC during the second quarter valued at $532,000. Skandinaviska Enskilda Banken AB publ acquired a new stake in shares of ICC in the 2nd quarter valued at $679,000. Gabelli Funds LLC acquired a new position in ICC in the second quarter valued at about $1,149,000. Finally, Gardner Lewis Asset Management L P acquired a new position in shares of ICC in the 2nd quarter worth approximately $2,594,000. 46.50% of the stock is owned by institutional investors and hedge funds.

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.