ICC Holdings Inc (NASDAQ:ICCH) saw a significant increase in short interest during the month of November. As of November 29th, there was short interest totalling 800 shares, an increase of 100.0% from the November 14th total of 400 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 1,500 shares, the days-to-cover ratio is currently 0.5 days.
Separately, ValuEngine cut ICC from a “buy” rating to a “hold” rating in a research note on Tuesday, December 3rd.
Shares of ICC stock opened at $13.73 on Friday. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.06. ICC has a 12 month low of $12.75 and a 12 month high of $15.02. The business has a fifty day simple moving average of $13.62 and a 200 day simple moving average of $13.78. The stock has a market cap of $44.98 million, a PE ratio of 29.00 and a beta of 0.12.
In other news, CFO Michael R. Smith bought 5,000 shares of the company’s stock in a transaction dated Friday, December 6th. The stock was bought at an average price of $13.65 per share, for a total transaction of $68,250.00. Insiders own 22.50% of the company’s stock.
An institutional investor recently bought a new position in ICC stock. United Capital Financial Advisers LLC bought a new stake in ICC Holdings Inc (NASDAQ:ICCH) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 20,000 shares of the company’s stock, valued at approximately $277,000. United Capital Financial Advisers LLC owned 0.61% of ICC at the end of the most recent quarter. Institutional investors and hedge funds own 12.56% of the company’s stock.
ICC Company Profile
ICC Holdings, Inc, through its subsidiary, Illinois Casualty Company, provides property and casualty insurance products to the food and beverage industry in the United States. The company offers commercial multi-peril, liquor liability, workers' compensation, and umbrella liability insurance products.
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