mgm grand casino covidBut they have been covering a portion of their shorts over the last week with million of net buy-to-covers executed.But recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.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.casino extreme 100 no deposit bonus codesThere is some data suggesting short sellers in gaming stocks got a little too greedy.Count Churchill Downs (NASDAQ:CHDN) and DraftKings (NASDAQ:DKNG) among the gaming stocks making life uncomfortable for short sellers.They are potentially signaling that these names and others could offer some near-term upside as bearish traders rush to cover.free slot games for ipad 2

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cliff castle casino storytellersDuring that time, DraftKings and Boyd were two of the four biggest problems for short sellers.“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.“DraftKings short sellers had been net short sellers for the first three weeks of last month, adding 3 million of short exposure.online casino maryland40 billion stack of chips,” adds Dusaniwsky.That was a great trade for the bears that rode the stock down from or the high s to the March low of .40 billion stack of chips,” adds Dusaniwsky.big fish casino google play

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mountaineer casino twitterShares of Boyd trade at at this writing.Regardless of industry, heavily shorted stocks can rapidly change directions, forcing traders holding bearish bets to cover those positions, which only fans bullish flames.“There was +.But they have been covering a portion of their shorts over the last week with million of net buy-to-covers executed.(Image: Reuters)With shelter-in-place policies and casino shutdowns the orders of the day starting in March, shorting gaming equities became one of 2020’s easiest and most profitable trades…until it wasn’t.org.slot casino sport 88