NASDAQ:PENN

Penn National Gaming Short Interest Ratio and Short Volume

$75.60
+1.86 (+2.52 %)
(As of 09/23/2021 12:00 AM ET)
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Today's Range
$74.00
$76.68
50-Day Range
$65.08
$84.84
52-Week Range
$52.09
$142.00
Volume3.32 million shs
Average Volume4.78 million shs
Market Capitalization$11.85 billion
P/E Ratio27.79
Dividend YieldN/A
Beta2.55

Penn National Gaming (NASDAQ:PENN) Short Interest Data

Current Short Volume14,160,000 shares
Previous Short Volume14,490,000 shares
Change Vs. Previous Month-2.28%
Dollar Volume Sold Short$1.15 billion
Short Interest Ratio / Days to Cover3.1
Last Record DateAugust, 31 2021
Outstanding Shares156,789,000 shares
Float Size153,880,000 shares
Short Percent of Float9.20%
Today's Trading Volume3,319,934 shares
Average Trading Volume4,778,292 shares
Today's Volume Vs. Average-30.52%

Short Interest Over Time

Days to Cover Over Time

Percentage of Float Shorted Over Time

cover of A Guide to High-Short-Interest Stocks and How to Trade Them ebook
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Penn National Gaming (NASDAQ:PENN) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
8/31/202114,160,000 shares $1.15 billion -2.3%9.2%3.1 $81.10
8/13/202114,490,000 shares $1.03 billion +8.8%9.4%3.4 $70.84
7/30/202113,320,000 shares $910.82 million -11.8%8.7%3 $68.38
7/15/202115,100,000 shares $1.04 billion +14.0%9.8%3.5 $68.83
6/30/202113,250,000 shares $1.01 billion -1.1%8.6%3 $76.49
6/15/202113,390,000 shares $1.05 billion +9.6%8.7%3.1 $78.57
5/28/202112,220,000 shares $1.00 billion +0.3%8.0%2.5 $81.97
5/14/202112,190,000 shares $927.54 million +4.0%N/A2.4 $76.09
4/30/202111,720,000 shares $1.07 billion +19.1%N/A2.2 $91.24
4/15/20219,840,000 shares $989.81 million -2.1%N/A1.9 $100.59
3/31/202110,050,000 shares $1.03 billion -0.3%N/A1.9 $102.84
3/15/202110,080,000 shares $1.32 billion +3.5%N/A2 $130.47
2/26/20219,740,000 shares $1.07 billion -9.6%N/A2.2 $109.69
2/12/202110,770,000 shares $1.21 billion -7.8%N/A2.5 $112.59
1/29/202111,680,000 shares $1.25 billion -15.1%N/A2.6 $107.03
1/15/202113,750,000 shares $1.46 billion +7.1%N/A3 $106.43
12/31/202012,840,000 shares $1.12 billion -2.7%N/A2.7 $87.09
12/15/202013,190,000 shares $1.04 billion -7.8%N/A2.2 $79.01
11/30/202014,310,000 shares $1.05 billion -9.7%N/A2 $73.29
11/15/202015,840,000 shares $1.03 billion +3.3%N/A2.1 $65.00
10/30/202015,330,000 shares $854.49 million -7.0%N/A1.9 $55.74
10/15/202016,480,000 shares $1.11 billion -2.0%N/A1.8 $67.37
9/30/202016,820,000 shares $1.22 billion +20.4%N/A1.7 $72.70
9/15/202013,970,000 shares $953.17 million -5.5%N/A1.4 $68.23
8/31/202014,780,000 shares $755.26 million -7.7%N/A1.5 $51.10

Institutional Investors Shorting Penn National Gaming (NASDAQ:PENN)

This table shows institutional investors, funds, and major shareholders that have reported short positions as of their most recent reporting period. Most commonly, these investors have purchased put options on shares of Penn National Gaming. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Reporting DateInvestor NameShares Shorted (Previous)Shares Shorted (Current)Position ChangePosition Size
8/17/2021Walleye Trading LLC151,000136,800-9.4%$10,464.00
8/17/2021Millennium Management LLC45,20057,000+26.1%$4,360.00
8/17/2021Parallax Volatility Advisers L.P.156,4000-100.0%$0.00
8/17/2021Balyasny Asset Management LLC25,0000-100.0%$0.00
8/17/2021Citadel Advisors LLC1,170,9002,103,000+79.6%$160,858.00
8/16/2021SG3 Management LLCN/A10,000N/A$765.00
8/16/2021North Fourth Asset Management LP35,0000-100.0%$0.00
8/16/2021Nuveen Asset Management LLCN/A63,000N/A$5.00
8/16/2021Sabby Management LLC7310-100.0%$0.00
8/16/2021Wolf Hill Capital Management LP20,3000-100.0%$0.00
8/16/2021Allianz Asset Management GmbH450,0000-100.0%$0.00
8/13/2021PEAK6 Investments LLC32,600205,000+528.8%$15,680.00
8/12/2021JPMorgan Chase & Co.36,40016,400-54.9%$1,254.00
8/12/2021Twin Tree Management LP430,600418,700-2.8%$32,026.00
8/12/2021Capital Fund Management S.A.157,200412,500+162.4%$31,552.00
8/11/2021HAP Trading LLC55,20051,400-6.9%$62.00
8/11/2021Susquehanna International Group LLP2,162,7001,988,900-8.0%$152,131.00
8/6/2021Wolverine Trading LLC271,100274,500+1.3%$20,931.00
8/6/2021IMC Chicago LLC302,800273,500-9.7%$20,920.00
7/31/2021Clear Street Markets LLC400462+15.5%$3,534.00
7/31/2021Cutler Group LP176,90089,200-49.6%$1,504.00

Penn National Gaming (NASDAQ:PENN) Short Interest FAQ

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Penn National Gaming (NASDAQ:PENN) Short Interest Frequently Asked Questions

What is Penn National Gaming's current short interest?

Short interest is the volume of Penn National Gaming shares that have been sold short but have not yet been covered or closed out. As of August 31st, traders have sold 14,160,000 shares of PENN short. 9.20% of Penn National Gaming's shares are currently sold short. Learn More on Penn National Gaming's current short interest.

What is a good short interest ratio for Penn National Gaming?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. Penn National Gaming currently has a short interest ratio of 3.0. Learn More on a good short interest ratio for Penn National Gaming

Which institutional investors are shorting Penn National Gaming?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Penn National Gaming: Walleye Trading LLC, Millennium Management LLC, Parallax Volatility Advisers L.P., Balyasny Asset Management LLC, Citadel Advisors LLC, SG3 Management LLC, North Fourth Asset Management LP, Nuveen Asset Management LLC, Sabby Management LLC, Wolf Hill Capital Management LP, Allianz Asset Management GmbH, PEAK6 Investments LLC, JPMorgan Chase & Co., Twin Tree Management LP, Capital Fund Management S.A., HAP Trading LLC, Susquehanna International Group LLP, Wolverine Trading LLC, IMC Chicago LLC, Clear Street Markets LLC, and Cutler Group LP. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Penn National Gaming?

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 9.20% of Penn National Gaming's floating shares are currently sold short.

Is Penn National Gaming's short interest increasing or decreasing?

Penn National Gaming saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 14,160,000 shares, a decrease of 2.3% from the previous total of 14,490,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

What is Penn National Gaming's float size?

Penn National Gaming currently has issued a total of 156,789,000 shares. Some of Penn National Gaming's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Penn National Gaming currently has a public float of 153,880,000 shares.

How does Penn National Gaming's short interest compare to its competitors?

9.20% of Penn National Gaming's shares are currently sold short. Here is how the short interest of companies in the sub-industry of "casinos & gaming" compare to Penn National Gaming: Las Vegas Sands Corp. (3.58%), Caesars Entertainment, Inc. (0.00%), MGM Resorts International (3.38%), Wynn Resorts, Limited (5.99%), Churchill Downs Incorporated (3.01%), Advanced Drainage Systems, Inc. (2.29%), Scientific Games Co. (5.27%), Boyd Gaming Co. (3.19%), International Game Technology PLC (3.56%), and Monarch Casino & Resort, Inc. (2.29%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Square, Inc. ($9.81 billion), S&P Global Inc. ($7.52 billion), Advanced Micro Devices, Inc. ($7.18 billion), Charter Communications, Inc. ($6.21 billion), Wayfair Inc. ($4.60 billion), Zoom Video Communications, Inc. ($3.23 billion), Uber Technologies, Inc. ($3.11 billion), Palo Alto Networks, Inc. ($2.74 billion), Teladoc Health, Inc. ($2.52 billion), and Etsy, Inc. ($2.16 billion). View all of the most shorted stocks.

What does it mean to sell short Penn National Gaming stock?

Short selling PENN is an investing strategy that aims to generate trading profit from Penn National Gaming as its price is falling. Penn National Gaming's stock is trading up $1.86 today. To short Penn National Gaming stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that Penn National Gaming will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against Penn National Gaming?

A short squeeze for Penn National Gaming occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of PENN, which in turn drives the price of the stock up even further.

How often is Penn National Gaming's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including PENN, twice per month. The most recent reporting period available is August, 31 2021.



This page was last updated on 9/24/2021 by MarketBeat.com Staff
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