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

ICC Holdings, Inc. (NASDAQ:ICCH) was the recipient of a significant growth in short interest in 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 short-interest ratio is currently 4.0 days. Approximately 0.3% of the company’s stock are sold short.

ICC Stock Down 0.3 %

NASDAQ:ICCH traded down $0.05 during trading hours on Wednesday, reaching $15.95. The company’s stock had a trading volume of 1,580 shares, compared to its average volume of 1,937. The company has a market cap of $50.08 million, a price-to-earnings ratio of 10.54 and a beta of 0.25. ICC has a one year low of $14.78 and a one year high of $18.54. The business’s 50-day moving average is $15.36 and its 200-day moving average is $15.50. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.94 and a quick ratio of 0.94.

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

Institutional Investors Weigh In On ICC

An institutional investor recently raised its position in ICC stock. Stilwell Value LLC raised its position in shares of ICC Holdings, Inc. (NASDAQ:ICCH) by 5.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 258,408 shares of the company’s stock after acquiring an additional 12,243 shares during the period. ICC makes up 2.9% of Stilwell Value LLC’s portfolio, making the stock its 5th biggest holding. Stilwell Value LLC owned approximately 7.83% of ICC worth $4,406,000 at the end of the most recent reporting period. 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.