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

ICC Holdings, Inc. (NASDAQ:ICCH) saw a significant 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 company’s stock are sold short. Based on an average daily trading volume, of 4,800 shares, the short-interest ratio is presently 0.6 days.

ICC Stock Down 0.5 %

NASDAQ:ICCH traded down $0.07 during trading hours on Monday, reaching $23.28. 485 shares of the stock were exchanged, compared to its average volume of 9,398. The stock has a market cap of $73.08 million, a PE ratio of 10.49 and a beta of 0.32. ICC has a twelve month low of $14.78 and a twelve month high of $23.96. The firm has a 50 day moving average of $23.18 and a 200 day moving average of $22.91. 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 Inflows and Outflows

Several large investors have recently added to or reduced their stakes in ICCH. Geode Capital Management LLC increased 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 buying an additional 2,200 shares during the last quarter. Bank of Montreal Can acquired a new stake in shares of ICC in the second quarter valued at about $532,000. Skandinaviska Enskilda Banken AB publ bought a new stake in ICC during the second quarter worth about $679,000. Gabelli Funds LLC bought a new stake in ICC during the second quarter worth about $1,149,000. Finally, Gardner Lewis Asset Management L P acquired a new position in ICC during the second quarter valued at approximately $2,594,000. Institutional investors and hedge funds own 46.50% of the company’s stock.

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.