Full House Resorts, Inc. (NASDAQ:FLL) Short Interest Down 5.3% in June

Full House Resorts, Inc. (NASDAQ:FLL) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totalling 865,900 shares, a decrease of 5.3% from the May 31st total of 914,500 shares. Currently, 2.7% of the shares of the stock are short sold. Based on an average daily volume of 82,400 shares, the short-interest ratio is presently 10.5 days.

Insider Transactions at Full House Resorts

In other news, CFO Lewis A. Fanger sold 9,503 shares of the stock in a transaction on Monday, May 20th. The shares were sold at an average price of $5.22, for a total value of $49,605.66. Following the completion of the sale, the chief financial officer now directly owns 273,155 shares of the company’s stock, valued at $1,425,869.10. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, CFO Lewis A. Fanger sold 9,503 shares of the firm’s stock in a transaction on Monday, May 20th. The shares were sold at an average price of $5.22, for a total transaction of $49,605.66. Following the completion of the transaction, the chief financial officer now directly owns 273,155 shares of the company’s stock, valued at $1,425,869.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Elaine Guidroz sold 10,375 shares of the firm’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $5.23, for a total transaction of $54,261.25. Following the transaction, the senior vice president now directly owns 45,757 shares of the company’s stock, valued at $239,309.11. The disclosure for this sale can be found here. Insiders sold a total of 26,004 shares of company stock valued at $135,974 over the last three months. Corporate insiders own 12.70% of the company’s stock.

Institutional Investors Weigh In On Full House Resorts

Institutional investors have recently made changes to their positions in the company. Price T Rowe Associates Inc. MD bought a new stake in shares of Full House Resorts in the 1st quarter worth about $57,000. SG Americas Securities LLC bought a new stake in shares of Full House Resorts in the 4th quarter worth about $78,000. Bard Associates Inc. lifted its holdings in shares of Full House Resorts by 6.2% in the 4th quarter. Bard Associates Inc. now owns 36,075 shares of the company’s stock worth $194,000 after acquiring an additional 2,100 shares during the last quarter. Aristides Capital LLC lifted its holdings 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, GSA Capital Partners LLP lifted its holdings in shares of Full House Resorts by 48.3% in the 1st quarter. GSA Capital Partners LLP now owns 170,321 shares of the company’s stock worth $949,000 after acquiring an additional 55,499 shares during the last quarter. Institutional investors own 37.68% of the company’s stock.

Full House Resorts Price Performance

Shares of NASDAQ:FLL opened at $5.05 on Thursday. Full House Resorts has a 52 week low of $3.40 and a 52 week high of $6.90. The firm has a fifty day simple moving average of $5.01 and a two-hundred day simple moving average of $5.05. 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 (NASDAQ:FLL) last issued its quarterly earnings data on Wednesday, May 8th. The company reported ($0.33) EPS for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.18). The business had revenue of $69.92 million during the quarter, compared to analysts’ expectations of $71.20 million. Full House Resorts had a negative return on equity of 31.04% and a negative net margin of 9.49%. As a group, sell-side analysts predict that Full House Resorts will post -0.59 earnings per share for the current year.

Analysts Set New Price Targets

FLL has been the subject of several research analyst reports. B. Riley assumed coverage on shares of Full House Resorts in a research note on Friday, April 26th. They set a “buy” rating and a $9.00 target price for the company. JMP Securities dropped their price objective on shares of Full House Resorts from $7.00 to $6.00 and set a “market outperform” rating for the company in a research note on Wednesday, March 6th.

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.