Clover Health Investments Stock Short Ratio

CLOV Stock

USD 3.36 0.01 0.30%

Clover Health Investments fundamentals help investors to digest information that contributes to Clover Health's financial success or failures. It also enables traders to predict the movement of Clover Stock. The fundamental analysis module provides a way to measure Clover Health's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Clover Health stock.

Total Current Liabilities Other Current Liab

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Clover Health Investments Company Short Ratio Analysis

Clover Health's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

Short Ratio

Short Interest

Average Trading Volume

More About Short Ratio | All Equity Analysis

Current Clover Health Short Ratio

2.08 X

Most of Clover Health's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Clover Health Investments is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Clover Short Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Clover Health is extremely important. It helps to project a fair market value of Clover Stock properly, considering its historical fundamentals such as Short Ratio. Since Clover Health's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Clover Health's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Clover Health's interrelated accounts and indicators.

	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Net Debt	Good Will	Total Liab	Net Invested Capital	Net Working Capital	Intangible Assets	Current Deferred Revenue	Long Term Debt	Short Term Investments	Long Term Investments	Short Long Term Debt	Capital Stock	Short Term Debt
Net Tangible Assets		-0.96	-0.69	0.88	0.89	-0.23	0.57	0.93	0.82	-0.87	0.29	0.5	0.54	0.91	0.53	-0.27	-1.0	0.69	0.97	-0.62	-1.0	-1.0
Retained Earnings	-0.96		0.55	-0.82	-0.85	0.32	-0.41	-0.84	-0.81	0.75	-0.3	-0.4	-0.41	-0.8	-0.55	0.37	0.96	-0.55	-0.88	0.66	0.96	0.96
Accounts Payable	-0.69	0.55		-0.88	-0.6	-0.46	-0.73	-0.88	-0.28	0.74	-0.39	-0.93	-0.94	-0.74	-0.52	-0.06	0.73	-0.7	-0.77	0.31	0.74	0.73
Net Receivables	0.88	-0.82	-0.88		0.78	0.15	0.69	0.95	0.53	-0.76	0.54	0.78	0.75	0.8	0.7	-0.1	-0.91	0.67	0.87	-0.42	-0.91	-0.91
Total Current Assets	0.89	-0.85	-0.6	0.78		-0.34	0.28	0.89	0.88	-0.89	0.44	0.36	0.41	0.94	0.53	0.15	-0.87	0.88	0.94	-0.25	-0.88	-0.87
Common Stock	-0.23	0.32	-0.46	0.15	-0.34		0.29	0.05	-0.7	0.08	-0.05	0.71	0.68	-0.16	-0.09	0.04	0.16	-0.11	-0.16	0.1	0.16	0.16
Property Plant Equipment	0.57	-0.41	-0.73	0.69	0.28	0.29		0.61	0.2	-0.47	0.2	0.65	0.63	0.47	0.35	-0.29	-0.6	0.29	0.53	-0.43	-0.6	-0.6
Total Assets	0.93	-0.84	-0.88	0.95	0.89	0.05	0.61		0.67	-0.92	0.41	0.71	0.75	0.95	0.56	-0.01	-0.94	0.83	0.97	-0.41	-0.95	-0.94
Total Stockholder Equity	0.82	-0.81	-0.28	0.53	0.88	-0.7	0.2	0.67		-0.74	0.25	-0.03	0.04	0.8	0.39	-0.03	-0.78	0.69	0.81	-0.36	-0.78	-0.77
Net Debt	-0.87	0.75	0.74	-0.76	-0.89	0.08	-0.47	-0.92	-0.74		-0.11	-0.54	-0.65	-0.99	-0.25	-0.04	0.86	-0.87	-0.96	0.37	0.87	0.85
Good Will	0.29	-0.3	-0.39	0.54	0.44	-0.05	0.2	0.41	0.25	-0.11		0.26	0.14	0.24	0.92	0.43	-0.32	0.43	0.31	0.24	-0.33	-0.33
Total Liab	0.5	-0.4	-0.93	0.78	0.36	0.71	0.65	0.71	-0.03	-0.54	0.26		0.98	0.51	0.39	-0.08	-0.56	0.44	0.56	-0.33	-0.56	-0.56
Net Invested Capital	0.54	-0.41	-0.94	0.75	0.41	0.68	0.63	0.75	0.04	-0.65	0.14	0.98		0.6	0.28	-0.05	-0.59	0.52	0.62	-0.33	-0.59	-0.58
Net Working Capital	0.91	-0.8	-0.74	0.8	0.94	-0.16	0.47	0.95	0.8	-0.99	0.24	0.51	0.6		0.37	0.07	-0.9	0.9	0.98	-0.35	-0.9	-0.89
Intangible Assets	0.53	-0.55	-0.52	0.7	0.53	-0.09	0.35	0.56	0.39	-0.25	0.92	0.39	0.28	0.37		0.13	-0.55	0.44	0.49	-0.14	-0.56	-0.56
Current Deferred Revenue	-0.27	0.37	-0.06	-0.1	0.15	0.04	-0.29	-0.01	-0.03	-0.04	0.43	-0.08	-0.05	0.07	0.13		0.28	0.48	-0.05	0.85	0.26	0.28
Long Term Debt	-1.0	0.96	0.73	-0.91	-0.87	0.16	-0.6	-0.94	-0.78	0.86	-0.32	-0.56	-0.59	-0.9	-0.55	0.28		-0.68	-0.96	0.63	1.0	1.0
Short Term Investments	0.69	-0.55	-0.7	0.67	0.88	-0.11	0.29	0.83	0.69	-0.87	0.43	0.44	0.52	0.9	0.44	0.48	-0.68		0.84	0.0	-0.69	-0.67
Long Term Investments	0.97	-0.88	-0.77	0.87	0.94	-0.16	0.53	0.97	0.81	-0.96	0.31	0.56	0.62	0.98	0.49	-0.05	-0.96	0.84		-0.48	-0.97	-0.96
Short Long Term Debt	-0.62	0.66	0.31	-0.42	-0.25	0.1	-0.43	-0.41	-0.36	0.37	0.24	-0.33	-0.33	-0.35	-0.14	0.85	0.63	0.0	-0.48		0.61	0.63
Capital Stock	-1.0	0.96	0.74	-0.91	-0.88	0.16	-0.6	-0.95	-0.78	0.87	-0.33	-0.56	-0.59	-0.9	-0.56	0.26	1.0	-0.69	-0.97	0.61		1.0
Short Term Debt	-1.0	0.96	0.73	-0.91	-0.87	0.16	-0.6	-0.94	-0.77	0.85	-0.33	-0.56	-0.58	-0.89	-0.56	0.28	1.0	-0.67	-0.96	0.63	1.0

Click cells to compare fundamentals

The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.

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Clover Price To Sales Ratio

Price To Sales Ratio

0.21

At this time, Clover Health's Price To Sales Ratio is fairly stable compared to the past year.

Based on the latest financial disclosure, Clover Health Investments has a Short Ratio of 2.08 times. This is 46.67% lower than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The short ratio for all United States stocks is 48.0% higher than that of the company.

Clover Short Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Clover Health's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Clover Health could also be used in its relative valuation, which is a method of valuing Clover Health by comparing valuation metrics of similar companies.

Clover Health is currently under evaluation in short ratio category among its peers.

Clover Health Current Valuation Drivers

We derive many important indicators used in calculating different scores of Clover Health from analyzing Clover Health's financial statements. These drivers represent accounts that assess Clover Health's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Clover Health's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	1.1B	1.5B	1.5B	442.7M	459.1M	436.1M
Enterprise Value	1.0B	1.5B	1.3B	344.7M	340.9M	323.8M

Clover Health ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Clover Health's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Clover Health's managers, analysts, and investors.

Environmental

Governance

Social

Clover Health Institutional Holders

Institutional Holdings refers to the ownership stake in Clover Health that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Clover Health's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Clover Health's value.

		Shares
Amvescap Plc.	2024-06-30	1.3 M
State Street Corp	2024-06-30	1.3 M
Gmt Capital Corp	2024-06-30	1.3 M
Jane Street Group Llc	2024-06-30	1.2 M
Northern Trust Corp	2024-09-30	935.9 K
Xtx Topco Ltd	2024-06-30	757.7 K
Swiss National Bank	2024-09-30	754.4 K
Aqr Capital Management Llc	2024-06-30	729.7 K
Goldman Sachs Group Inc	2024-06-30	716.3 K
Vanguard Group Inc	2024-09-30	19.2 M
Renaissance Technologies Corp	2024-09-30	12.5 M

Clover Fundamentals

	Return On Equity	-0.29
	Return On Asset	-0.0566
	Profit Margin	(0.04) %
	Operating Margin	(0.03) %
	Current Valuation	1.35 B
	Shares Outstanding	412.08 M
	Shares Owned By Insiders	5.32 %
	Shares Owned By Institutions	20.12 %
	Number Of Shares Shorted	18.33 M
	Price To Book	4.91 X
	Price To Sales	0.79 X
	Revenue	2.03 B
	Gross Profit	126.19 M
	EBITDA	(210.84 M)
	Net Income	(213.36 M)
	Cash And Equivalents	711.78 M
	Cash Per Share	1.49 X
	Total Debt	4.66 M
	Debt To Equity	0.07 %
	Current Ratio	1.29 X
	Book Value Per Share	0.68 X
	Cash Flow From Operations	(115.87 M)
	Short Ratio	2.08 X
	Earnings Per Share	(0.19) X
	Price To Earnings To Growth	(0.08) X
	Target Price	4.23
	Number Of Employees	552
	Beta	2.04
	Market Capitalization	1.64 B
	Total Asset	570.67 M
	Retained Earnings	(2.16 B)
	Working Capital	166.85 M
	Net Asset	570.67 M

About Clover Health Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Clover Health Investments's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Clover Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Clover Health Investments based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Clover Stock Analysis

When running Clover Health's price analysis, check to measure Clover Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clover Health is operating at the current time. Most of Clover Health's value examination focuses on studying past and present price action to predict the probability of Clover Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clover Health's price. Additionally, you may evaluate how the addition of Clover Health to your portfolios can decrease your overall portfolio volatility.

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