Short Interest in Full House Resorts, Inc. (NASDAQ:FLL) Drops By 18.9%

Full House Resorts, Inc. (NASDAQ:FLL) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 744,840 shares, a decrease of 18.9% from the December 15th total of 918,744 shares. Based on an average daily trading volume, of 207,951 shares, the days-to-cover ratio is presently 3.6 days. Currently, 2.3% of the company’s shares are short sold. Currently, 2.3% of the company’s shares are short sold. Based on an average daily trading volume, of 207,951 shares, the days-to-cover ratio is presently 3.6 days.

Institutional Trading of Full House Resorts

Several large investors have recently modified their holdings of the business. Mink Brook Asset Management LLC grew its position in shares of Full House Resorts by 2.6% in the 3rd quarter. Mink Brook Asset Management LLC now owns 207,198 shares of the company’s stock worth $665,000 after buying an additional 5,192 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Full House Resorts by 67.1% during the 3rd quarter. Bank of America Corp DE now owns 40,273 shares of the company’s stock valued at $129,000 after purchasing an additional 16,168 shares in the last quarter. Ancora Advisors LLC increased its position in shares of Full House Resorts by 21.6% during the third quarter. Ancora Advisors LLC now owns 107,810 shares of the company’s stock valued at $346,000 after buying an additional 19,150 shares during the period. Private Management Group Inc. raised its stake in Full House Resorts by 1.0% in the third quarter. Private Management Group Inc. now owns 1,725,285 shares of the company’s stock worth $5,538,000 after buying an additional 17,551 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of Full House Resorts by 282.7% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 343,233 shares of the company’s stock worth $1,102,000 after acquiring an additional 253,536 shares during the period. 37.68% of the stock is owned by institutional investors.

Full House Resorts Price Performance

FLL traded down $0.11 during midday trading on Tuesday, hitting $2.51. The stock had a trading volume of 233,843 shares, compared to its average volume of 142,145. Full House Resorts has a 1 year low of $2.25 and a 1 year high of $5.59. The company has a debt-to-equity ratio of 33.44, a quick ratio of 0.65 and a current ratio of 0.68. The business has a fifty day moving average of $2.65 and a 200 day moving average of $3.22. The company has a market cap of $90.66 million, a P/E ratio of -2.24 and a beta of 1.31.

Full House Resorts (NASDAQ:FLL) last released its earnings results on Thursday, November 6th. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of ($0.20) by ($0.01). Full House Resorts had a negative net margin of 13.38% and a negative return on equity of 150.12%. The business had revenue of $77.95 million for the quarter, compared to the consensus estimate of $76.40 million.

Analysts Set New Price Targets

FLL has been the topic of a number of recent research reports. Citizens Jmp cut their price target on shares of Full House Resorts from $5.00 to $4.00 and set a “market outperform” rating on the stock in a report on Friday, November 7th. Weiss Ratings reissued a “sell (e+)” rating on shares of Full House Resorts in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Full House Resorts presently has an average rating of “Hold” and a consensus target price of $4.50.

Full House Resorts Company Profile

Full House Resorts, Inc (NASDAQ: FLL) is a gaming, lodging and entertainment company headquartered in Summerfield, Nevada. Founded in 1987, the company designs, develops and operates casino resorts and ancillary hospitality facilities in multiple U.S. markets. Its business model emphasizes regional gaming properties that combine slot machines, table games, hotel accommodations and live entertainment to serve a broad customer base.

The company’s property portfolio spans five states, including Bronco Billy’s Casino & Hotel and Grand Lodge Casino in Black Hawk, Colorado; Silver Slipper Casino Hotel and Harlow’s Casino Resort in Mississippi; Running Aces Harness Park & Casino in Minnesota; Rising Star Casino Resort in Indiana; and Stockman’s Casino in Nevada.