Eldorado Resorts Inc (NASDAQ:ERI) Shorted Shares Increased 90.95% After Market Selling

Investors sentiment increased to 1.41 in Q1 2019. Its up 0.13, from 1.28 in 2018Q4. It is positive, as 16 investors sold Eldorado Resorts, Inc. shares while 59 reduced holdings. 41 funds opened positions while 65 raised stakes. 62.40 million shares or 3.06% less from 64.37 million shares in 2018Q4 were reported.
Legal And General Grp Public Limited Co holds 0% or 68,467 shares in its portfolio. Credit Suisse Ag owns 0% invested in Eldorado Resorts, Inc. (NASDAQ:ERI) for 74,230 shares. Moreover, Driehaus Mgmt Ltd Llc has 0.57% invested in Eldorado Resorts, Inc. (NASDAQ:ERI). 91,644 were reported by Swiss Retail Bank. 46,706 are owned by Arizona State Retirement System. Jpmorgan Chase & holds 0% of its portfolio in Eldorado Resorts, Inc. (NASDAQ:ERI) for 46,550 shares. Elk Creek Partners Limited Liability, Colorado-based fund reported 147,171 shares. Pnc Fincl Service Incorporated accumulated 9,799 shares or 0% of the stock. State Street Corporation has 0.01% invested in Eldorado Resorts, Inc. (NASDAQ:ERI) for 2.00 million shares. Envestnet Asset owns 25,797 shares. Zeke Advsr Lc accumulated 8,836 shares. Oregon Public Employees Retirement Fund owns 0.02% invested in Eldorado Resorts, Inc. (NASDAQ:ERI) for 26,011 shares. Goldman Sachs Group Incorporated invested 0.02% of its portfolio in Eldorado Resorts, Inc. (NASDAQ:ERI). Advisory Service Ntwk Lc owns 825 shares for 0% of their portfolio. Quantitative Systematic Strategies Ltd Liability holds 0.05% of its portfolio in Eldorado Resorts, Inc. (NASDAQ:ERI) for 4,455 shares.

The stock of Eldorado Resorts Inc (NASDAQ:ERI) registered an increase of 90.95% in short interest. ERI’s total short interest was 12.73M shares in August as published by FINRA. Its up 90.95% from 6.67 million shares, reported previously. With 1.40 million shares average volume, it will take short sellers 9 days to cover their ERI’s short positions. The short interest to Eldorado Resorts Inc’s float is 22.02%.

The stock decreased 1.01% or $0.41 during the last trading session, reaching $40.38. About 860,766 shares traded. Eldorado Resorts, Inc. (NASDAQ:ERI) has risen 8.46% since August 10, 2018 and is uptrending. It has outperformed by 8.46% the S&P500.

Eldorado Resorts, Inc. operates as a gaming and hospitality firm in the United States. The company has market cap of $3.14 billion. It owns and operates Eldorado Resort Casino Reno, a hotel, casino, and entertainment facility; Silver Legacy Resort Casino, a themed hotel and casino; Circus Circus Reno, a hotel-casino and entertainment complex; Eldorado Resort Casino Shreveport, a hotel and tri-level riverboat dockside casino; Mountaineer Casino, Racetrack & Resort, a hotel, casino, entertainment, and live thoroughbred horse racing facility; Presque Isle Downs & Casino, a casino and live thoroughbred horse racing facility; and Eldorado Gaming Scioto Downs, a modern racino. It has a 33.34 P/E ratio. The firm also operates Isle Casino Hotel—Black Hawk and Lady Luck Casino—Black Hawk land casinos; Isle Casino Racing Pompano Park, a casino and harness racing track; Isle Casino Bettendorf, a land single-level casino; Isle Casino Waterloo, a single-level land casino; Isle of Capri Casino Hotel Lake Charles, a gaming vessel; Isle of Capri Casino Lula, a two dockside casino; Lady Luck Casino Vicksburg and Isle of Capri Casino Kansas City dockside casinos; Isle of Capri Casino Boonville, a single-level dockside casino; Isle Casino Cape Girardeau, a dockside casino, and pavilion and entertainment center; Lady Luck Casino Caruthersville, a riverboat casino; and Lady Luck Casino Nemacolin, a casino property.

Eldorado Resorts, Inc. (NASDAQ:ERI) Ratings Coverage

Among 6 analysts covering Eldorado Resorts (NASDAQ:ERI), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Eldorado Resorts had 12 analyst reports since February 28, 2019 according to SRatingsIntel. The firm has “Hold” rating by Nomura given on Tuesday, June 25. The company was maintained on Thursday, February 28 by Deutsche Bank. Macquarie Research maintained the shares of ERI in report on Thursday, February 28 with “Buy” rating. The stock has “Hold” rating by Nomura on Thursday, February 28. The firm has “Buy” rating by Roth Capital given on Tuesday, June 25. The rating was maintained by Jefferies with “Buy” on Thursday, February 28. On Wednesday, March 20 the stock rating was maintained by J.P. Morgan with “Buy”.

More notable recent Eldorado Resorts, Inc. (NASDAQ:ERI) news were published by: Finance.Yahoo.com which released: “Have Insiders Been Buying Eldorado Resorts, Inc. (NASDAQ:ERI) Shares? – Yahoo Finance” on July 11, 2019, also Nasdaq.com with their article: “Notable Two Hundred Day Moving Average Cross – ERI – Nasdaq” published on July 19, 2019, Nasdaq.com published: “Gaming and Leisure Properties, Inc. Reports Record Second Quarter 2019 Results – Nasdaq” on August 07, 2019. More interesting news about Eldorado Resorts, Inc. (NASDAQ:ERI) were released by: Nasdaq.com and their article: “3 Recent IPOs to Add to Your Watch List – Nasdaq” published on July 27, 2019 as well as Seekingalpha.com‘s news article titled: “Caesars integration looms large over Eldorado earnings – Seeking Alpha” with publication date: August 06, 2019.

Eldorado Resorts, Inc. (NASDAQ:ERI) Ratings Chart

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