Short Interest in Full House Resorts, Inc. (NASDAQ:FLL) Rises By 20.2%

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

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. B. Riley reduced their price target on shares of Full House Resorts from $9.00 to $8.00 and set a “buy” rating for the company in a research report on Thursday, November 7th. JMP Securities restated a “market outperform” rating and set a $6.00 target price on shares of Full House Resorts in a research report on Thursday.

Insider Buying and Selling at Full House Resorts

In related news, Director Kathleen M. Caracciolo sold 8,900 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $4.43, for a total value of $39,427.00. Following the completion of the transaction, the director now directly owns 40,997 shares of the company’s stock, valued at $181,616.71. This trade represents a 17.84 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Lewis A. Fanger sold 37,738 shares of Full House Resorts stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $5.05, for a total transaction of $190,576.90. Following the completion of the sale, the chief financial officer now owns 254,658 shares of the company’s stock, valued at $1,286,022.90. This trade represents a 12.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 52,746 shares of company stock valued at $260,121. 12.70% of the stock is currently owned by insiders.

Institutional Trading of Full House Resorts

A number of hedge funds and other institutional investors have recently modified their holdings of FLL. Gabelli Funds LLC boosted its position in shares of Full House Resorts by 0.3% during the second quarter. Gabelli Funds LLC now owns 600,000 shares of the company’s stock worth $3,000,000 after buying an additional 2,000 shares during the period. SG Americas Securities LLC increased its stake in Full House Resorts by 23.7% during the fourth quarter. SG Americas Securities LLC now owns 13,372 shares of the company’s stock worth $55,000 after purchasing an additional 2,558 shares during the period. Rhumbline Advisers lifted its position in shares of Full House Resorts by 14.6% during the second quarter. Rhumbline Advisers now owns 59,333 shares of the company’s stock worth $297,000 after purchasing an additional 7,551 shares in the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in shares of Full House Resorts in the second quarter valued at approximately $50,000. Finally, KG&L Capital Management LLC acquired a new position in shares of Full House Resorts in the third quarter valued at approximately $50,000. 37.68% of the stock is owned by institutional investors and hedge funds.

Full House Resorts Trading Up 1.6 %

Shares of FLL traded up $0.08 during mid-day trading on Friday, reaching $4.96. The stock had a trading volume of 155,996 shares, compared to its average volume of 229,465. Full House Resorts has a 52-week low of $3.77 and a 52-week high of $5.94. The firm has a market cap of $176.58 million, a price-to-earnings ratio of -4.20 and a beta of 1.92. The business’s fifty day moving average is $4.52 and its 200 day moving average is $4.88. The company has a debt-to-equity ratio of 9.04, a current ratio of 0.87 and a quick ratio of 0.83.

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.