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%.
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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