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w casino free slots“DraftKings short sellers had been net short sellers for the first three weeks of last month, adding 3 million of short exposure.(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 .They are potentially signaling that these names and others could offer some near-term upside as bearish traders rush to cover.hard rock hotel and casino biloxi 4 star hotelRegional restarts help, too, says an analyst.Recently, Curtis is consistently endorsing regional gaming equities, a thesis that’s bearing fruit as casinos in the Midwest and South come back online following the coronavirus shutdown that spanned roughly two months.16 billion, 95 percent of whiccasino roulette table imagesh is devoted to the 10 most-shorted names.seminole casino miami florida

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doubledown casino 2“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.Bearish traders are seeing profits eaten away with Penn, too, as the stock is up 733 percent from its March lows.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.blackjack odds casino10 billion of net short selling in the sector from March to May, with 0 million of new short selling executed over the last month.Regardless of industry, heavily shorted stocks can rapidly change directions, forcing traders holding bearish bets to cover those positions, which only fans bullish flames.“Over the last week, Casino & Gaming short sellers gave back a quarter of their mark-to-market profits, losing -8 million of their +.poker cash game kings casino

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ruby bolts e ge trackerBut the stock has since posted a six fold gain.There 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.org.But they have been covering a portion of their shorts over the last week with million of net buy-to-covers executed.Regardless of industry, heavily shorted stocks can rapidly change directions, forcing traders holding bearish bets to cover those positions, which only fans bullish flames.clearwater casino wenatchee

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