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

Century Casinos, Inc. (NASDAQ:CNTY) was the recipient of a significant decline in short interest in February. As of February 13th, there was short interest totaling 14,163 shares, a decline of 82.2% from the January 29th total of 79,659 shares. Based on an average daily trading volume, of 42,963 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 42,963 shares, the short-interest ratio is presently 0.3 days.

Century Casinos Trading Up 1.3%

NASDAQ CNTY traded up $0.02 during trading on Wednesday, reaching $1.62. 24,047 shares of the stock traded hands, compared to its average volume of 64,042. The stock’s 50-day moving average price is $1.51 and its 200 day moving average price is $1.93. 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 has a market cap of $47.69 million, a price-to-earnings ratio of -0.46 and a beta of 1.95. Century Casinos has a fifty-two week low of $1.23 and a fifty-two week high of $2.98.

Wall Street Analyst Weigh In

CNTY has been the subject of a number of recent research reports. Stifel Nicolaus dropped their target price on Century Casinos from $4.00 to $3.00 and set a “buy” rating for the company in a report on Wednesday, November 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Century Casinos in a research report on Monday, December 29th. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $3.67.

Hedge Funds Weigh In On Century Casinos

Several institutional investors and hedge funds have recently modified their holdings of CNTY. AWM Investment Company Inc. grew its holdings in shares of Century Casinos by 6.4% during the 2nd quarter. AWM Investment Company Inc. now owns 2,195,549 shares of the company’s stock worth $4,644,000 after purchasing an additional 132,745 shares in the last quarter. Veradace Capital Management LLC acquired a new position in Century Casinos in the fourth quarter valued at about $2,076,000. Rice Hall James & Associates LLC lifted its position in 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 worth $1,975,000 after purchasing an additional 9,041 shares during the period. Prescott Group Capital Management L.L.C. bought a new stake in Century Casinos during the fourth quarter worth about $508,000. Finally, Renaissance Technologies LLC grew its stake in 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 buying an additional 106,200 shares in the last quarter. 66.36% of the stock is currently owned by institutional investors and hedge funds.

Century Casinos Company Profile

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.