ICC Holdings Inc (NASDAQ:ICCH) Short Interest Update

ICC Holdings Inc (NASDAQ:ICCH) saw a large decrease in short interest in September. As of September 30th, there was short interest totalling 100 shares, a decrease of 50.0% from the August 30th total of 200 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is currently 0.1 days.

In related news, CFO Michael R. Smith bought 9,971 shares of ICC stock in a transaction dated Wednesday, September 11th. The shares were bought at an average cost of $14.00 per share, with a total value of $139,594.00. Also, Director John R. Klockau sold 2,000 shares of the stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $13.75, for a total value of $27,500.00. The disclosure for this sale can be found here. Corporate insiders own 22.50% of the company’s stock.

A hedge fund recently bought a new stake in ICC stock. United Capital Financial Advisers LLC acquired a new stake in ICC Holdings Inc (NASDAQ:ICCH) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 20,000 shares of the company’s stock, valued at approximately $277,000. United Capital Financial Advisers LLC owned approximately 0.61% of ICC as of its most recent SEC filing. 11.29% of the stock is owned by institutional investors and hedge funds.

Shares of ICCH remained flat at $$13.74 during trading hours on Friday. The stock had a trading volume of 100 shares, compared to its average volume of 2,161. The stock has a market capitalization of $45.34 million, a P/E ratio of 34.35 and a beta of 0.12. ICC has a 12 month low of $12.75 and a 12 month high of $15.25. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.06. The business’s fifty day simple moving average is $13.88 and its two-hundred day simple moving average is $13.92.

ICC (NASDAQ:ICCH) last released its earnings results on Monday, July 29th. The company reported $0.16 earnings per share (EPS) for the quarter. The company had revenue of $14.59 million for the quarter. ICC had a return on equity of 1.99% and a net margin of 2.16%.

About ICC

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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