big fish casino home facebookDuring that time, DraftKings and Boyd were two of the four biggest problems for short sellers.“DraftKings short sellers had been net short sellers for the first three weeks of last month, adding 3 million of short exposure.Making matters potentially dangerous for ERI bears is that they need to unwind a lot of supply in the event of another rally.winstar world casino bingoShort 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.sycuan casino concerts 2021

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coushatta casino kinder la applicationBut recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.“Over the last week, Casino & Gaming short sellers gave back a quarter of their mark-to-market profits, losing -8 million of their +.Shares of Boyd trade at at this writing.hard rock hotel casino lake tahoe reviews(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 .In dollar terms, that’s nearly 0 billion.10 billion of net short selling in the sector from March to May, with 0 million of new short selling executed over the last month.empire casino free slots

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cliff castle casino is it openThere is some data suggesting short sellers in gaming stocks got a little too greedy.”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.As a percentage of float sold short, ERI resides north of 39 percent, according to S3 data.They are potentially signaling that these names and others could offer some near-term upside as bearish traders rush to cover.40 billion stack of chips,” adds Dusaniwsky.“DraftKings short sellers had been net short sellers for the first three weeks of last month, adding 3 million of short exposure.palace station hotel and casino shuttle service