Century Casinos, Inc. (NASDAQ:CNTY) Short Interest Down 82.2% in February

Century Casinos, Inc. (NASDAQ:CNTY) was the target of a large drop in short interest in February. As of February 13th, there was short interest totaling 14,163 shares, a drop of 82.2% from the January 29th total of 79,659 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 42,963 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 42,963 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Analyst Ratings Changes

A number of research firms have recently commented on CNTY. Weiss Ratings reissued a “sell (d-)” rating on shares of Century Casinos in a report on Monday, December 29th. Stifel Nicolaus lowered their price objective on shares of Century Casinos from $4.00 to $3.00 and set a “buy” rating for the company in a research report on Wednesday, November 12th. Four investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $3.67.

Institutional Trading of Century Casinos

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Veradace Capital Management LLC bought a new stake in Century Casinos during the 4th quarter valued at $2,076,000. XTX Topco Ltd grew its holdings in shares of Century Casinos by 149.9% during the fourth quarter. XTX Topco Ltd now owns 39,859 shares of the company’s stock valued at $53,000 after buying an additional 23,909 shares during the last quarter. Rice Hall James & Associates LLC grew its holdings in shares of Century Casinos by 0.6% during the fourth quarter. Rice Hall James & Associates LLC now owns 1,484,642 shares of the company’s stock valued at $1,975,000 after buying an additional 9,041 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of Century Casinos by 58.5% during the fourth quarter. Renaissance Technologies LLC now owns 287,849 shares of the company’s stock worth $383,000 after acquiring an additional 106,200 shares in the last quarter. Finally, Fidelity National Financial Inc. raised its holdings in shares of Century Casinos by 16.4% in the 4th quarter. Fidelity National Financial Inc. now owns 187,500 shares of the company’s stock worth $249,000 after acquiring an additional 26,396 shares during the last quarter. 66.36% of the stock is owned by institutional investors.

Century Casinos Trading Up 1.3%

Century Casinos stock traded up $0.02 during mid-day trading on Wednesday, hitting $1.62. 24,047 shares of the stock were exchanged, compared to its average volume of 64,042. The stock has a market capitalization of $47.69 million, a price-to-earnings ratio of -0.46 and a beta of 1.95. Century Casinos has a 12 month low of $1.23 and a 12 month high of $2.98. The company has a quick ratio of 1.39, a current ratio of 1.44 and a debt-to-equity ratio of 83.68. The firm’s fifty day simple moving average is $1.51 and its two-hundred day simple moving average is $1.93.

About Century Casinos

Century Casinos, Inc is an international gaming and entertainment company that owns and operates casino properties across North America and Europe. The company offers a full range of gaming services, including slot machines, table games, poker rooms and sports wagering, complemented by hotel accommodations, food and beverage outlets, live entertainment and meeting facilities.

In the United States, Century Casinos’ portfolio includes Century Casino & Hotel Cripple Creek and Century Casino & Hotel Central City in Colorado, as well as Century Casino Cape Girardeau in Missouri.