Full House Resorts, Inc. (NASDAQ:FLL) is seeing a significant decrease in short interest

Full House Resorts, Inc. (NASDAQ:FLL – Get Free Report ) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 793,000 shares, a decrease of 14.6% from the July 15th total of 928,400 shares. Based on an average daily volume of 106,000 shares, the days-to-cover ratio is currently 7.5 days. About 2.4% of the company’s shares are short sold.

Analysts on Wall Street are forecasting an increase

FLL has been the subject of a number of research reports. B. Riley assumed coverage on Full House Resorts in a report on Friday, April 26th. They issued a “buy” rating and a $9.00 price objective for the company. JMP Securities boosted their price target on Full House Resorts from $6.00 to $7.00 and gave the company a “market outperform” rating in a report on Wednesday, July 17th.

Get the latest research report on complete resorts

Inside activity at Full House Resorts

In related news, CEO Daniel R. Lee sold 35,000 shares of the business’s stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $5.02, for a total transaction of $175,700.00. Following the completion of the transaction, the chief executive officer now directly owns 1,116,249 shares in the company, valued at $5,603,569.98. The transaction was disclosed in a filing with the SEC, which is available via this link. In related news, CEO Daniel R. Lee sold 35,000 shares of the firm’s stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $5.02, for a total transaction of $175,700.00. Following the completion of the transaction, the chief executive officer now directly owns 1,116,249 shares in the company, valued at $5,603,569.98. The transaction was disclosed in a filing with the SEC, which is available via this link. Also, COO John Ferrucci sold 18,499 shares of the company’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $5.00, for a total value of $92,495.00. Following the completion of the transaction, the chief operating officer now owns 28,328 shares of the company’s stock, valued at $141,640. The disclosure for this sale can be found here. Over the last three months, insiders have sold 79,512 shares of company stock worth $399,331. 12.70% of shares are owned by company insiders.

Institutional inputs and outputs

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Wasatch Advisors LP increased its position in shares of Full House Resorts by 11.4% in the first quarter. Wasatch Advisors LP now owns 840,579 shares of the company’s stock worth $4,682,000 after acquiring an additional 86,333 shares in the last quarter. GSA Capital Partners LLP boosted its position in shares of Full House Resorts by 48.3% in the first quarter. GSA Capital Partners LLP now owns 170,321 shares of the company’s stock worth $949,000 after purchasing an additional 55,499 shares in the last quarter. Gamco Investors INC. ET AL grew its position in shares of Full House Resorts by 7.4% in the first quarter. Gamco Investors INC. ET AL now owns 581,932 shares of the company’s stock worth $3,241,000 after acquiring an additional 40,032 shares during the last quarter. Aristides Capital LLC raised its position in shares of Full House Resorts by 133.3% in the 4th quarter. Aristides Capital LLC now owns 69,498 shares of the company’s stock worth $373,000 after acquiring an additional 39,706 shares during the last quarter. Finally, Aristeia Capital LLC bought a new position in shares of Full House Resorts in the 2nd quarter worth approximately $140,000. Institutional investors own 37.68% of the company’s shares.

Trading in full house resorts increased by 1.6%

FLL opened at $5.08 on Monday. The company has a 50 day simple moving average of $5.09 and a two hundred day simple moving average of $5.08. The firm has a market cap of $175.96 million, a price-to-earnings ratio of -7.06 and a beta of 2.00. The company has a debt-to-equity ratio of 6.96, a current ratio of 0.91, and a quick ratio of 0.88. Full House Resorts has a one year low of $3.40 and a one year high of $5.98.

Full House Resorts (NASDAQ:FLL – Get Free Report ) last released its quarterly earnings results on Tuesday, August 6th. The company reported ($0.25) EPS for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.11). The business had revenue of $73.49 million for the quarter, compared to the consensus estimate of $79.10 million. Full House Resorts had a negative net margin of 9.49% and a negative return on equity of 31.04%. During the same period in the previous year, the company earned EPS of ($0.16). analysts forecast that Full House Resorts will post -0.59 EPS for the current year.

Full House Resorts Company Profile

(Get a free report)

Full House Resorts, Inc owns, leases, operates, develops, manages and invests in casinos and related hospitality and entertainment facilities in the United States. It operates through the Midwest & South, West and Contracted Sports Wagering segments. The company’s properties include American Place in Waukegan, Illinois; Silver Slipper Casino and Hotel in Hancock County, Mississippi; Rising Star Casino Resort in Rising Sun, Indiana; Bronco Billy’s Casino and Chamonix Casino Hotel in Cripple Creek, Colorado; Stockman Casino in Fallon, Nevada; and Grand Lodge Casino, located within the Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline Village, Nevada.

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