admiral casino thornton heathThere is some data suggesting short sellers in gaming stocks got a little too greedy.As a percentage of float sold short, the next closest casino operator is Penn National Gaming (NASDAQ: PENN) at 21 percent.Las Vegas reopening is just one reason to like Boyd Gaming stock.slotocash casino no deposit bonus codes 2021Duricache creek casino yelpng the COVID crisis, we have recommended that investors in US Gaming BUY two stocks ahead of regional casinos’ reopening, BYD and PENN,” said the Instinet analyst.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.But recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.desert diamond casino rooms

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the tropicana laughlin nevadaBearish traders are seeing profits eaten away with Penn, too, as the stock is up 733 percent from its March lows.Boyd Gaming (NYSE:BYD) drew some praise from a sell-side analyst today ahead of the June 4 reopening of Nevada casinos.Betting on BoydFrom June 1 through June 4, Boyd will refour winds casino kid questSome traders are flirting with trouble with short positions in gaming stocks.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, ERI resides north of 39 percent, according to S3 data.online casino philippines no deposit bonus

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oxford casino facebookCount Churchill Downs (NASDAQ:CHDN) and DraftKings (NASDAQ:DKNG) among the gaming stocks making life uncomfortable for short sellers.d also open as soon as this weekend.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.“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.During that time, DraftKings and Boyd were two of the four biggest problems for short sellers.Regardless of industry, heavily shorted stocks can rapidly change directions, forcing traders holding bearish bets to cover those positions, which only fans bullish flames.rsweeps riversweeps online casino