Nevada Gold & Casinos (UWN) Short Interest Update

Nevada Gold & Casinos (NYSEAMERICAN:UWN) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 47,911 shares, a growth of 99.6% from the October 15th total of 23,998 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 30,815 shares, the short-interest ratio is presently 1.6 days.

Shares of UWN traded down $0.03 on Friday, hitting $2.40. 1,409,800 shares of the stock traded hands, compared to its average volume of 55,262. Nevada Gold & Casinos has a 1 year low of $1.80 and a 1 year high of $2.86.

Nevada Gold & Casinos (NYSEAMERICAN:UWN) last posted its quarterly earnings results on Thursday, September 13th. The company reported $0.00 earnings per share for the quarter. The company had revenue of $14.88 million for the quarter.

A number of large investors have recently bought and sold shares of the business. S. Muoio & CO. LLC purchased a new position in Nevada Gold & Casinos during the third quarter worth approximately $120,000. Kassirer Asset Management Corp purchased a new position in Nevada Gold & Casinos during the third quarter worth approximately $419,000. Finally, TCW Group Inc. raised its stake in Nevada Gold & Casinos by 7.2% during the second quarter. TCW Group Inc. now owns 1,242,819 shares of the company’s stock worth $2,486,000 after purchasing an additional 83,460 shares during the period.

COPYRIGHT VIOLATION NOTICE: “Nevada Gold & Casinos (UWN) Short Interest Update” was published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of U.S. and international copyright and trademark law. The legal version of this piece of content can be viewed at https://sportsperspectives.com/2018/11/09/nevada-gold-casinos-uwn-short-interest-update.html.

Nevada Gold & Casinos Company Profile

Nevada Gold & Casinos, Inc, a gaming company, finances, develops, owns, and operates gaming properties and projects. It operates in three segments: Washington, South Dakota, and Nevada. The company owns and operates nine mini-casinos under the Crazy Moose Casinos, Coyote Bob's Casino, Silver Dollar Casinos, Club Hollywood Casino, Royal Casino, and Red Dragon Casino names in the Washington state; and a slot machine route operation in Deadwood, South Dakota.

Recommended Story: What does RSI mean?

Receive News & Ratings for Nevada Gold & Casinos Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nevada Gold & Casinos and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply