ICF International, Inc. (NASDAQ:ICFI) Short Interest Update

ICF International, Inc. (NASDAQ:ICFI) was the recipient of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 867,000 shares, a growth of 9.2% from the January 15th total of 794,300 shares. Currently, 4.7% of the shares of the company are short sold. Based on an average daily trading volume, of 231,200 shares, the short-interest ratio is presently 3.8 days.

Hedge Funds Weigh In On ICF International

Several hedge funds and other institutional investors have recently made changes to their positions in ICFI. Geode Capital Management LLC boosted its position in shares of ICF International by 4.3% during the 3rd quarter. Geode Capital Management LLC now owns 440,985 shares of the business services provider’s stock worth $73,566,000 after acquiring an additional 18,109 shares in the last quarter. BNP Paribas Financial Markets increased its stake in shares of ICF International by 94.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 17,631 shares of the business services provider’s stock valued at $2,941,000 after purchasing an additional 8,548 shares during the last quarter. Quantbot Technologies LP acquired a new position in shares of ICF International during the 3rd quarter worth $852,000. Pier Capital LLC acquired a new position in shares of ICF International during the 3rd quarter worth $6,579,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of ICF International during the 3rd quarter worth $734,000. 94.12% of the stock is currently owned by institutional investors and hedge funds.

ICF International Stock Down 1.9 %

Shares of NASDAQ ICFI opened at $107.77 on Tuesday. The stock has a market capitalization of $2.02 billion, a P/E ratio of 18.94 and a beta of 0.56. The stock’s fifty day moving average is $120.81 and its 200 day moving average is $145.97. ICF International has a 52 week low of $106.02 and a 52 week high of $179.67. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.21 and a current ratio of 1.21.

Analyst Ratings Changes

ICFI has been the topic of a number of recent analyst reports. Truist Financial decreased their target price on ICF International from $180.00 to $140.00 and set a “hold” rating on the stock in a report on Friday, November 22nd. D. Boral Capital restated an “outperform” rating and set a $174.00 price objective on shares of ICF International in a research report on Monday, December 16th. StockNews.com cut ICF International from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 27th. Finally, Sidoti raised ICF International from a “neutral” rating to a “buy” rating and set a $185.00 price objective on the stock in a report on Tuesday, November 19th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $168.60.

ICF International Company Profile

ICF International, Inc provides management, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The company researches critical policy, industry, stakeholder issues, trends, and behaviors; measures and evaluates results and their impact; and provides strategic planning and advisory services to its clients on how to navigate societal, business, market, business, communication, and technology challenges.