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pechanga resort casino zoominfoThere is some data suggesting short sellers in gaming stocks got a little too greedy.Regional restarts help, too, says an analyst.Messing With FireBelieve it or not, bearish traders sunk their teeth into DraftKings, a stock that’s more than doubled since its April 24 initial public offering (IPO).clearwater casino event center seating chartShort 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.Count Churchill Downs (NASDAQ:CHDN) and DraftKings (NASDAQ:DKNG) among the gaming stocks making life uncomfortable for short sellers.But recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.chinook winds casino players club

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harrah s casino yelp40 billion stack of chips,” adds Dusaniwsky.Surdoubledown casino slots free coinsprise ScenarioIn what can be described as surprising, the most-shorted gaming stock is Eldorado Stocks (NASDAQ:ERI).But the stock has since posted a six fold gain.choctaw casino employment“PENN” refers to Penn National Gaming (NASDAQ:PENN), a name that Curtis reaffirmed a “buy” rating on last week with a significant, upward price forecast revision.Regional restarts help, too, says an analyst.With stay-at- home directives now largely lifted, a slew of regional casinos open, and Nevada gaming properties joining the fun on June 4, being bearish on gaming stocks carries immense near-term risk.black lotus casino no deposit bonus

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big dollar casino ndb codesShares of Boyd trade at at this writing.Bearish traders are seeing profits eaten away with Penn, too, as the stock is up 733 percent from its March lows.“DraftKings (DKNG) saw the largest change in short seller sentiment, with short selling turning into short covering by the end of the May,” said Dusaniwsky.Betting on BoydFrom June 1 through June 4, Boyd will reLas Vegas reopening is just one reason to like Boyd Gaming stock.As a percentage of float sold short, the next closest casino operator is Penn National Gaming (NASDAQ: PENN) at 21 percent.hard rock casino oklahoma

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