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US gaming short interest slips in March 1st half

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US gaming short interest slips in March 1st half

U.S. gaming companies experienced a 28-basis-point decline inshort interest on average during the first half of March, falling to 4.32% of outstanding shares held short from 4.61%at February-end.

During the period from Feb. 29 to March 15, loggedthe biggest gain in short interest, rising 36 basis points to 1.77% of its outstandingstock.

Wynn Resorts Ltd.,meanwhile, recorded the largest decrease in short interest, dropping 123 basis pointsto 13.78% of its outstanding stock. Wynn also landed the top spot in terms of themost-shorted stock in the gaming sector during the period.

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