lucky dragon net usaShort 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.“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.riverwind casino blood driveAs a percentage of float sold short, ERI resides north of 39 percent, according to S3 data.“Over the last week, Casino & Gaming short sellers gave back a quarter of their mark-to-market profits, losing -8 million of their +.But the stock has since posted a six fold gain.royal ace casino complaints

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call soaring eagle casinoBut recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.40 billion stack of chips,” adds Dusaniwsky.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 photosThey are potentially signaling that these names and others could offer some near-term upside as bearish traders rush to cover.But recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.Boyd Gaming (NYSE:BYD) drew some praise from a sell-side analyst today ahead of the June 4 reopening of Nevada casinos.bier haus 200 free online slots

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caesars casino reviewDuring that time, DraftKings and Boyd were two of the four biggest problems for short sellers.Betting on BoydFrom June 1 through June 4, Boyd will reThere is some data suggesting short sellers in gaming stocks got a little too greedy.As a percentage of float sold short, ERI resides north of 39 percent, according to S3 data.”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.Shares of Boyd trade at at this writing.mgm casino mabachusetts