Evolent Health Short Interest Ratio and Short Volume

+0.39 (+2.00 %)
(As of 05/7/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume535,000 shs
Average Volume565,536 shs
Market Capitalization$1.71 billion
P/E RatioN/A
Dividend YieldN/A

Short Interest

Evolent Health (NYSE:EVH) Short Interest Data

Current Short Volume8,200,000 shares
Previous Short Volume8,450,000 shares
Change Vs. Previous Month-2.96%
Dollar Volume Sold Short$164.66 million
Short Interest Ratio / Days to Cover14.1
Last Record DateApril, 15 2021
Outstanding Shares81,960,000 shares
Percentage of Shares Shorted9.52%
Today's Trading Volume535,000 shares
Average Trading Volume565,536 shares
Today's Volume Vs. Average-5.40%

Short Interest Over Time

Evolent Health (NYSE:EVH) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
4/15/20218,200,000 shares $164.66 million -3.0%N/A14.1$20.08
3/31/20218,450,000 shares $169 million +1.4%N/A14.3$20.00
3/15/20218,330,000 shares $170.43 million -3.6%N/A14.3$20.46
2/26/20218,640,000 shares $169.60 million +3.4%N/A15.7$19.63
2/12/20218,360,000 shares $166.87 million -1.4%N/A15.3$19.96
1/29/20218,480,000 shares $148.06 million -0.7%N/A14.2$17.46
1/15/20218,540,000 shares $152.10 million -2.8%N/A14$17.81
12/31/20208,790,000 shares $142.93 million +0.8%N/A14.1$16.26
12/15/20208,720,000 shares $127.92 million -0.9%N/A11.9$14.67
11/30/20208,800,000 shares $133.67 million -2.4%N/A10.9$15.19
11/15/20209,020,000 shares $119.15 million -1.4%N/A10.2$13.21
10/30/20209,150,000 shares $93.24 million -3.1%N/A8.6$10.19
10/15/20209,440,000 shares $110.64 million -5.9%N/A7.7$11.72
9/30/202010,030,000 shares $124.47 million -11.2%N/A7.2$12.41
9/15/202011,290,000 shares $144.74 million -6.5%N/A7.5$12.82
8/31/202012,070,000 shares $172.96 million +10.9%N/A7.5$14.33
8/14/202010,880,000 shares $137.20 million -4.7%N/A5.6$12.61
7/31/202011,420,000 shares $133.04 million -14.8%N/A6.3$11.65
7/15/202013,410,000 shares $109.29 million +7.8%N/A7.6$8.15
6/30/202012,440,000 shares $85.21 million +14.2%N/A7.7$6.85
6/15/202010,890,000 shares $64.80 million +8.5%N/A7.1$5.95
5/29/202010,040,000 shares $89.16 million +0.6%N/A6.5$8.88
5/15/20209,980,000 shares $75.65 million +1.0%N/A8.2$7.58
4/30/20209,880,000 shares $71.23 million -3.5%N/A8.4$7.21
4/15/202010,240,000 shares $59.90 million -1.5%N/A9.4$5.85

Evolent Health (NYSE:EVH) Short Interest FAQ

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What is Evolent Health's current short interest?

Short interest is the volume of Evolent Health shares that have been sold short but have not yet been closed out or covered. As of April 15th, traders have sold 8,200,000 shares of EVH short.

What is a good short interest ratio for Evolent Health?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. Evolent Health currently has a short interest ratio of 14.0.

Is Evolent Health's short interest increasing or decreasing?

Evolent Health saw a decline in short interest in April. As of April 15th, there was short interest totaling 8,200,000 shares, a decline of 3.0% from the previous total of 8,450,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

How does Evolent Health's short interest compare to its competitors?

0.00% of Evolent Health's shares are currently sold short. Here is how the short interest of companies in the sector of "computer and technology" compare to Evolent Health: Trend Micro Incorporated (0.00%), Angi Inc. (12.56%), Soitec S.A. (0.00%), OSRAM Licht AG (0.00%), CDK Global, Inc. (1.88%), Littelfuse, Inc. (0.91%), AAC Technologies Holdings Inc. (0.00%), KT Co. (1.02%), SYNNEX Co. (2.92%), and Coherent, Inc. (7.01%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.85 billion), Aon plc ($5.61 billion), Charter Communications, Inc. ($5.44 billion), Snap Inc. ($3.49 billion), Airbnb, Inc. ($3.35 billion), Peloton Interactive, Inc. ($2.53 billion), ViacomCBS Inc. ($2.48 billion), Expedia Group, Inc. ($2.39 billion), The Kroger Co. ($2.26 billion), and Nuance Communications, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Evolent Health stock?

Short selling EVH is an investing strategy that aims to generate trading profit from Evolent Health as its price is falling. Evolent Health's stock is trading up $0.39 today. To short Evolent Health stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that Evolent Health will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against Evolent Health?

A short squeeze for Evolent Health occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of EVH, which in turn drives the price of the stock up even further.

How often is Evolent Health's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including EVH, twice per month. The most recent reporting period available is April, 15 2021.

This page was last updated on 5/10/2021 by MarketBeat.com Staff
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