Canterbury Park Holding Corporation (NASDAQ:CPHC) Short Interest Update

Canterbury Park Holding Corporation (NASDAQ:CPHCGet Free Report) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 5,915 shares, a growth of 129.7% from the August 15th total of 2,575 shares. Based on an average daily trading volume, of 2,194 shares, the short-interest ratio is presently 2.7 days. Currently, 0.1% of the company’s stock are sold short.

Canterbury Park Stock Up 0.1%

NASDAQ CPHC opened at $15.85 on Monday. The stock’s 50-day simple moving average is $15.72 and its two-hundred day simple moving average is $15.70. Canterbury Park has a twelve month low of $14.39 and a twelve month high of $17.43. The company has a market capitalization of $82.10 million, a price-to-earnings ratio of 792.50 and a beta of -0.39.

Canterbury Park (NASDAQ:CPHCGet Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $16.17 million during the quarter. Canterbury Park had a return on equity of 0.14% and a net margin of 0.20%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered Canterbury Park from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, August 14th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

View Our Latest Analysis on Canterbury Park

Institutional Investors Weigh In On Canterbury Park

Institutional investors have recently made changes to their positions in the business. Bank of America Corp DE raised its position in Canterbury Park by 142.2% in the 2nd quarter. Bank of America Corp DE now owns 2,616 shares of the company’s stock worth $49,000 after purchasing an additional 1,536 shares during the period. BlackRock Inc. purchased a new stake in Canterbury Park during the 2nd quarter valued at about $166,000. Gabelli Funds LLC boosted its holdings in Canterbury Park by 0.8% during the 4th quarter. Gabelli Funds LLC now owns 195,000 shares of the company’s stock valued at $3,003,000 after acquiring an additional 1,500 shares during the period. Finally, Gamco Investors INC. ET AL grew its position in Canterbury Park by 0.5% during the 1st quarter. Gamco Investors INC. ET AL now owns 375,393 shares of the company’s stock worth $5,852,000 after acquiring an additional 2,000 shares during the last quarter. Hedge funds and other institutional investors own 76.37% of the company’s stock.

Canterbury Park Company Profile

(Get Free Report)

Canterbury Park Holding Corp. engages in hosting and managing pari mutuel wagering activities. It operates through the following business segments: Horse Racing, Card Casino, Food & Beverage and Development. The Horse Racing segment includes simulcast and live horse racing operations. The Card Casino segment holds unbanked card games, poker and table games. The Food and Beverage segment consists of concession stands, restaurant and buffet, bars, and other food venues. The Development segment owns land for racetrack operations.

See Also

Receive News & Ratings for Canterbury Park Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canterbury Park and related companies with MarketBeat.com's FREE daily email newsletter.