Eldorado Resorts Inc (NASDAQ:ERI) Shorts Decreased by 0.86% After Short Covering

Investors sentiment decreased to 1.28 in Q4 2018. Its down 0.51, from 1.79 in 2018Q3. It fall, as 25 investors sold Eldorado Resorts, Inc. shares while 54 reduced holdings. 37 funds opened positions while 64 raised stakes. 64.37 million shares or 7.31% less from 69.45 million shares in 2018Q3 were reported.
Wells Fargo And Mn reported 0.02% of its portfolio in Eldorado Resorts, Inc. (NASDAQ:ERI). Shellback Capital Lp accumulated 897,946 shares. Envestnet Asset Mgmt reported 26,569 shares. Van Eck Assocs Corporation stated it has 8,568 shares. Moreover, Mutual Of America Cap Mgmt Lc has 0.03% invested in Eldorado Resorts, Inc. (NASDAQ:ERI). Moody National Bank Division invested in 129 shares. Driehaus Mgmt Lc has 0.43% invested in Eldorado Resorts, Inc. (NASDAQ:ERI). Park West Asset Mngmt Ltd Liability Com, a California-based fund reported 1.73M shares. Massachusetts-based Fmr Ltd Company has invested 0.05% in Eldorado Resorts, Inc. (NASDAQ:ERI). Gamco Investors Et Al invested in 0% or 14,023 shares. Macquarie Group Ltd accumulated 81,384 shares or 0.01% of the stock. Sg Mngmt Limited Liability stated it has 631,446 shares. Voya Investment Mgmt Limited Company owns 811,394 shares or 0.07% of their US portfolio. Dupont Cap Mgmt Corporation stated it has 61,298 shares. Westwood Grp accumulated 40,083 shares.

The stock of Eldorado Resorts Inc (NASDAQ:ERI) registered a decrease of 0.86% in short interest. ERI’s total short interest was 7.88 million shares in March as published by FINRA. Its down 0.86% from 7.95 million shares, reported previously. With 665,900 shares average volume, it will take short sellers 12 days to cover their ERI’s short positions. The short interest to Eldorado Resorts Inc’s float is 14.62%.

The stock increased 1.75% or $0.81 during the last trading session, reaching $47.2. About 342,619 shares traded. Eldorado Resorts, Inc. (NASDAQ:ERI) has risen 36.16% since March 15, 2018 and is uptrending. It has outperformed by 31.79% the S&P500.

Eldorado Resorts, Inc. operates as a gaming and hospitality firm in the United States. The company has market cap of $3.64 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 38.68 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.

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

Among 4 analysts covering Eldorado Resorts (NASDAQ:ERI), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Eldorado Resorts had 6 analyst reports since November 26, 2018 according to SRatingsIntel. Jefferies maintained the stock with “Buy” rating in Monday, November 26 report. Jefferies maintained the stock with “Buy” rating in Thursday, February 28 report. Nomura maintained the stock with “Hold” rating in Thursday, February 28 report. The company was maintained on Thursday, February 28 by Deutsche Bank. The stock has “Buy” rating by Macquarie Research on Thursday, February 28.

More notable recent Eldorado Resorts, Inc. (NASDAQ:ERI) news were published by: Seekingalpha.com which released: “Eldorado Resorts closes on William Hill transaction – Seeking Alpha” on January 29, 2019, also Nasdaq.com with their article: “Gambling Stock Roundup: Macau February Gaming Revenues, CZR-DraftKings Deal & More – Nasdaq” published on March 04, 2019, Nasdaq.com published: “Churchill Downs Incorporated Completes Acquisition of Presque Isle Downs & Casino – Nasdaq” on January 11, 2019. More interesting news about Eldorado Resorts, Inc. (NASDAQ:ERI) were released by: Seekingalpha.com and their article: “Caesars Can Meet Its Activist High-Roller Halfway – Seeking Alpha” published on February 25, 2019 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For February 27, 2019 – Benzinga” with publication date: February 27, 2019.

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