Caesars Entertainment Corporation (NASDAQ:CZR) Short Interest Increased By 9.01%

September 17, 2017 - By Louis Casey

 Caesars Entertainment Corporation (NASDAQ:CZR) Short Interest Increased By 9.01%

Investors sentiment increased to 1.38 in Q4 2016. Its up 0.23, from 1.15 in 2016Q3. It improved, as 17 investors sold Caesars Entertainment Corp shares while 25 reduced holdings. 23 funds opened positions while 35 raised stakes. 94.32 million shares or 1.05% more from 93.34 million shares in 2016Q3 were reported.
Ubs Asset Mgmt Americas holds 43,771 shares or 0% of its portfolio. Swiss Bankshares, a Switzerland-based fund reported 82,100 shares. Quantitative Inv Mgmt Limited Liability Company accumulated 0.03% or 158,700 shares. Blackrock Gp Ltd holds 0% or 32,868 shares in its portfolio. Nationwide Fund Advsrs reported 0% in Caesars Entertainment Corp (NASDAQ:CZR). Cubist Systematic Strategies Limited has 0% invested in Caesars Entertainment Corp (NASDAQ:CZR) for 2,076 shares. Stepstone Gru Lp invested in 17.16% or 1.67 million shares. Blackrock Limited Liability Company has invested 0% in Caesars Entertainment Corp (NASDAQ:CZR). Starwood Cap Gru Mngmt Ltd Liability Company holds 5.8% of its portfolio in Caesars Entertainment Corp (NASDAQ:CZR) for 2.42M shares. Goldman Sachs Gp has 4.86M shares for 0.01% of their portfolio. Soros Fund Mgmt Ltd Llc invested in 2.96 million shares or 0.58% of the stock. Athena Cap Advsr Ltd Com owns 37,868 shares or 0.11% of their US portfolio. Dimensional Fund L P holds 0% or 103,734 shares in its portfolio. Federated Investors Inc Pa reported 0% stake. Schwab Charles holds 0% or 459,274 shares.

The stock of Caesars Entertainment Corporation (NASDAQ:CZR) registered an increase of 9.01% in short interest. CZR’s total short interest was 37.62M shares in September as published by FINRA. Its up 9.01% from 34.51M shares, reported previously. With 2.11 million shares average volume, it will take short sellers 18 days to cover their CZR’s short positions. The short interest to Caesars Entertainment Corporation’s float is 86.63%.

The stock increased 0.84% or $0.1 on September 15, reaching $11.95. About 4.96 million shares traded or 161.05% up from the average. Caesars Entertainment Corp (NASDAQ:CZR) has risen 62.44% since September 17, 2016 and is uptrending. It has outperformed by 45.74% the S&P500.

Caesars Entertainment Corporation is a holding company. The company has market cap of $1.78 billion. The Firm provides casino-entertainment and hospitality services. It currently has negative earnings. The Company’s divisions include Caesars Entertainment Resort Properties, LLC , Caesars Growth Partners, LLC (CGP) and Other.

Caesars Entertainment Corp (NASDAQ:CZR) Ratings Coverage

Among 3 analysts covering Caesars Entertainment (NASDAQ:CZR), 2 have Buy rating, 1 Sell and 0 Hold. Therefore 67% are positive. Caesars Entertainment had 4 analyst reports since December 14, 2015 according to SRatingsIntel. On Tuesday, June 6 the stock rating was maintained by Oppenheimer with “Buy”. The rating was maintained by Barclays Capital on Monday, December 14 with “Underweight”. The rating was initiated by Oppenheimer on Wednesday, May 31 with “Buy”.

More important recent Caesars Entertainment Corp (NASDAQ:CZR) news were published by: Prnewswire.com which released: “Caesars Entertainment Corporation to Participate in the Bank of America …” on September 13, 2017, also Reviewjournal.com published article titled: “2 Southern Nevada gaming titans jump on winding down of DACA”, Reviewjournal.com published: “Caesars unit clears Nevada hurdle in bankruptcy emergence” on August 24, 2017. More interesting news about Caesars Entertainment Corp (NASDAQ:CZR) was released by: Reviewjournal.com and their article: “Nevada pursues more business information for database” with publication date: September 01, 2017.

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