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

Full House Resorts, Inc. (NASDAQ:FLL) was the recipient of a large increase in short interest in 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 short-interest ratio is currently 5.7 days. Approximately 2.8% of the shares of the stock are short sold.

Full House Resorts Trading Up 1.6 %

Shares of FLL stock traded up $0.08 during trading hours on Friday, reaching $4.96. 155,996 shares of the stock traded hands, compared to its average volume of 229,465. The company has a quick ratio of 0.83, a current ratio of 0.87 and a debt-to-equity ratio of 9.04. The firm has a market capitalization of $176.58 million, a PE ratio of -4.20 and a beta of 1.92. Full House Resorts has a 1-year low of $3.77 and a 1-year high of $5.94. The business has a fifty day moving average price of $4.52 and a 200 day moving average price of $4.88.

Wall Street Analysts Forecast Growth

FLL has been the subject of a number of recent research reports. B. Riley cut their price objective on 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 reiterated a “market outperform” rating and issued a $6.00 price target on shares of Full House Resorts in a research report on Thursday.

Insider Buying and Selling at Full House Resorts

In other news, Director Kathleen M. Caracciolo sold 8,900 shares of Full House Resorts 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 transaction, the director now owns 40,997 shares of the company’s stock, valued at $181,616.71. The trade was a 17.84 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Lewis A. Fanger sold 37,738 shares of the business’s 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 in the company, valued at $1,286,022.90. The trade was a 12.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 52,746 shares of company stock valued at $260,121. Company insiders own 12.70% of the company’s stock.

Institutional Trading of Full House Resorts

Large investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC boosted its holdings in shares of 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. Barclays PLC grew its holdings in shares of Full House Resorts by 268.5% during the 3rd quarter. Barclays PLC now owns 43,247 shares of the company’s stock valued at $217,000 after acquiring an additional 31,512 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Full House Resorts by 1.6% in the third quarter. Geode Capital Management LLC now owns 738,560 shares of the company’s stock worth $3,709,000 after acquiring an additional 11,747 shares during the last quarter. State Street Corp raised its holdings in shares of Full House Resorts by 1.7% during the third quarter. State Street Corp now owns 610,048 shares of the company’s stock worth $3,062,000 after acquiring an additional 10,168 shares in the last quarter. Finally, KG&L Capital Management LLC acquired a new stake in Full House Resorts during the third quarter valued at $50,000. 37.68% of the stock is owned by institutional investors and hedge funds.

Full House Resorts Company Profile

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.