ICC Holdings, Inc. (NASDAQ:ICCH) Short Interest Up 9.1% in March

ICC Holdings, Inc. (NASDAQ:ICCH) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 3,600 shares, a growth of 9.1% from the March 15th total of 3,300 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is currently 4.0 days. Approximately 0.3% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ICC stock. Northwest Bank & Trust Co acquired a new position in shares of ICC Holdings, Inc. (NASDAQ:ICCH) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 2,650 shares of the company’s stock, valued at approximately $41,000. Northwest Bank & Trust Co owned approximately 0.08% of ICC as of its most recent filing with the SEC. Hedge funds and other institutional investors own 46.50% of the company’s stock.

ICC Price Performance

NASDAQ:ICCH opened at $15.91 on Tuesday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $49.94 million, a P/E ratio of 10.60 and a beta of 0.24. ICC has a 52 week low of $14.78 and a 52 week high of $18.54. The stock’s fifty day moving average is $15.36 and its two-hundred day moving average is $15.50.

ICC (NASDAQ:ICCH) last posted its quarterly earnings data on Monday, March 4th. The company reported $1.03 earnings per share (EPS) for the quarter. ICC had a return on equity of 7.03% and a net margin of 5.36%. The firm had revenue of $23.12 million for the quarter.

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.