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

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

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on FLL. B. Riley dropped their target price on shares of Full House Resorts from $9.00 to $8.00 and set a “buy” rating for the company in a report on Thursday, November 7th. JMP Securities reissued a “market outperform” rating and issued a $6.00 price objective on shares of Full House Resorts in a research note on Thursday.

Full House Resorts Trading Up 1.6 %

Shares of Full House Resorts stock traded up $0.08 on Friday, hitting $4.96. The stock had a trading volume of 155,996 shares, compared to its average volume of 229,465. The stock has a 50 day moving average of $4.52 and a 200 day moving average of $4.88. The company has a debt-to-equity ratio of 9.04, a quick ratio of 0.83 and a current ratio of 0.87. Full House Resorts has a twelve month low of $3.77 and a twelve month high of $5.94. The firm has a market capitalization of $176.58 million, a P/E ratio of -4.20 and a beta of 1.92.

Insider Buying and Selling

In other Full House Resorts news, CFO Lewis A. Fanger sold 37,738 shares of the company’s stock in a transaction 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 directly owns 254,658 shares in the company, valued at $1,286,022.90. This represents a 12.91 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kathleen M. Caracciolo sold 8,900 shares of Full House Resorts stock in a transaction 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 owns 40,997 shares in the company, valued at approximately $181,616.71. The trade was a 17.84 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 52,746 shares of company stock worth $260,121. Company insiders own 12.70% of the company’s stock.

Institutional Trading of Full House Resorts

Several institutional investors have recently modified their holdings of the business. Private Management Group Inc. bought a new position in Full House Resorts during the 3rd quarter worth approximately $2,957,000. Barclays PLC lifted its holdings in Full House Resorts by 268.5% in the third quarter. Barclays PLC now owns 43,247 shares of the company’s stock valued at $217,000 after buying an additional 31,512 shares during the period. Aristeia Capital L.L.C. bought a new stake in Full House Resorts during the second quarter valued at $140,000. Dimensional Fund Advisors LP grew its holdings in Full House Resorts by 9.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 230,017 shares of the company’s stock worth $1,150,000 after acquiring an additional 19,802 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of Full House Resorts by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 738,560 shares of the company’s stock valued at $3,709,000 after purchasing an additional 11,747 shares during the period. Institutional investors own 37.68% of the company’s stock.

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.