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angel of the winds casino and resortShort sellers have lately begun trimming their exposure in the sector, after having shorted the sector heavily during the stay-at-home policies brought about by the Covid-19 pandemic,” said S3 Partners Managing Director Ihor Dusaniwsky in a note obtained by Casino.”Other companies with sports betting exposure, including Churchill Downs and Boyd Gaming, are experiencing short covering, though the catalyst with Boyd may be more about the company’s Louisiana and Mississippi venues reopening last month, and nine of its 12 Las Vegas properties slated to do so on Thursday.org.clearwater casino rv parkBut the stock has since posted a six fold gain.But the stock has since posted a six fold gain.That was a great trade for the bears that rode the stock down from or the high s to the March low of .call jamul casino wild vegas casino sign up bonustwin river casino tiverton riRegional restarts help, too, says an analyst.But they have been covering a portion of their shorts over the last week with million of net buy-to-covers executed.Bearish traders are seeing profits eaten away with Penn, too, as the stock is up 733 percent from its March lows.sunset station casino wikiRegardless of industry, heavily shorted stocks can rapidly change directions, forcing traders holding bearish bets to cover those positions, which only fans bullish flames.Making matters potentially dangerous for ERI bears is that they need to unwind a lot of supply in the event of another rally.(Image: KXNT Radio)In a note to clients Tuesday, Nomura Instinet analyst Harry Curtis reiterated a “buy” rating on the Orleans operator, while boosting his price target on the stock to from .is the wynn casino in las vegas open is black bear casino buffet opencasino near me indianaShares of Boyd trade at at this writing.Short sellers have lately begun trimming their exposure in the sector, after having shorted the sector heavily during the stay-at-home policies brought about by the Covid-19 pandemic,” said S3 Partners Managing Director Ihor Dusaniwsky in a note obtained by Casino.As a percentage of float sold short, the next closest casino operator is Penn National Gaming (NASDAQ: PENN) at 21 percent.But they have been covering a portion of their shorts over the last week with million of net buy-to-covers executed.”Dusaniwsky notes S3 covers 61 stocks in the casino and gaming sector, which have aggregate short interest of .In dollar terms, that’s nearly 0 billion.chumba casino oregon wild horse pab casino shows |