Full House Resorts, Inc. (NASDAQ:FLL) Short Interest Update

Full House Resorts, Inc. (NASDAQ:FLL) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 927,500 shares, a growth of 20.2% from the December 31st total of 771,500 shares. Based on an average daily volume of 162,600 shares, the days-to-cover ratio is currently 5.7 days. Currently, 2.8% of the shares of the stock are short sold.

Full House Resorts Price Performance

Shares of FLL stock traded up $0.04 during mid-day trading on Friday, reaching $5.37. The company’s stock had a trading volume of 229,691 shares, compared to its average volume of 181,966. Full House Resorts has a 1-year low of $3.77 and a 1-year high of $5.94. The company has a market cap of $191.17 million, a P/E ratio of -4.55 and a beta of 1.92. The company has a debt-to-equity ratio of 9.04, a quick ratio of 0.83 and a current ratio of 0.87. The firm’s 50-day moving average is $4.55 and its two-hundred day moving average is $4.87.

Insider Buying and Selling

In other news, CFO Lewis A. Fanger sold 104,992 shares of the business’s stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $4.62, for a total transaction of $485,063.04. Following the sale, the chief financial officer now owns 254,658 shares in the company, valued at $1,176,519.96. The trade was a 29.19 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kathleen M. Caracciolo sold 8,900 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $4.43, for a total transaction of $39,427.00. Following the sale, the director now owns 40,997 shares in the company, valued at $181,616.71. This represents a 17.84 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 166,351 shares of company stock worth $788,259 in the last ninety days. 12.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Full House Resorts

Hedge funds have recently made changes to their positions in the company. R Squared Ltd acquired a new stake in shares of Full House Resorts during the 4th quarter worth about $26,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Full House Resorts during the 2nd quarter worth about $50,000. KG&L Capital Management LLC acquired a new stake in shares of Full House Resorts during the 3rd quarter worth about $50,000. SG Americas Securities LLC acquired a new stake in shares of Full House Resorts during the 3rd quarter worth about $54,000. Finally, Bfsg LLC increased its position in Full House Resorts by 156.7% in the 4th quarter. Bfsg LLC now owns 11,090 shares of the company’s stock valued at $45,000 after acquiring an additional 6,770 shares in the last quarter. Institutional investors and hedge funds own 37.68% of the company’s stock.

Analysts Set New Price Targets

FLL has been the topic of several research reports. JMP Securities reiterated a “market outperform” rating and issued a $6.00 price objective on shares of Full House Resorts in a research note on Monday, January 27th. B. Riley dropped their price objective on shares of Full House Resorts from $9.00 to $8.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th.

About Full House Resorts

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 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's Casino in Fallon, Nevada; and Grand Lodge Casino, located within the Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline Village, Nevada.