Twin River Worldwide Holdings Inc (NYSE:TRWH) Short Interest Update

Twin River Worldwide Holdings Inc (NYSE:TRWH) was the target of a significant growth in short interest in January. As of January 31st, there was short interest totalling 1,040,000 shares, a growth of 11.6% from the January 15th total of 932,000 shares. Approximately 3.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 189,900 shares, the days-to-cover ratio is presently 5.5 days.

In related news, Director Jeffrey W. Rollins sold 10,000 shares of the stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of $25.27, for a total transaction of $252,700.00. Following the sale, the director now owns 89,183 shares of the company’s stock, valued at $2,253,654.41. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 35.00% of the company’s stock.

A number of large investors have recently modified their holdings of the stock. Bank of Montreal Can grew its position in Twin River Worldwide by 37.8% during the fourth quarter. Bank of Montreal Can now owns 2,374 shares of the company’s stock worth $61,000 after buying an additional 651 shares in the last quarter. Endurance Wealth Management Inc. acquired a new stake in shares of Twin River Worldwide in the 4th quarter valued at $26,000. Swiss National Bank boosted its holdings in shares of Twin River Worldwide by 2.1% in the 4th quarter. Swiss National Bank now owns 48,025 shares of the company’s stock valued at $1,232,000 after purchasing an additional 1,000 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Twin River Worldwide by 144.6% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,766 shares of the company’s stock valued at $40,000 after purchasing an additional 1,044 shares in the last quarter. Finally, Morgan Stanley acquired a new stake in shares of Twin River Worldwide in the 2nd quarter valued at $41,000. 96.44% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts recently issued reports on TRWH shares. SunTrust Banks increased their price target on Twin River Worldwide from $26.00 to $31.00 and gave the stock a “hold” rating in a research report on Wednesday. Zacks Investment Research downgraded Twin River Worldwide from a “hold” rating to a “sell” rating in a research report on Friday. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $32.80.

NYSE:TRWH traded up $0.13 during trading hours on Friday, reaching $29.73. 64,900 shares of the company were exchanged, compared to its average volume of 120,441. Twin River Worldwide has a 1-year low of $20.35 and a 1-year high of $33.98. The company has a current ratio of 2.99, a quick ratio of 2.91 and a debt-to-equity ratio of 2.66. The business has a 50 day moving average of $26.38 and a 200 day moving average of $24.32.

Twin River Worldwide (NYSE:TRWH) last issued its quarterly earnings results on Thursday, November 14th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.37 by ($0.10). The company had revenue of $129.31 million for the quarter, compared to analyst estimates of $128.55 million. Twin River Worldwide had a return on equity of 22.17% and a net margin of 12.66%. On average, research analysts anticipate that Twin River Worldwide will post 1.63 EPS for the current fiscal year.

About Twin River Worldwide

There is no company description available for Twin River Worldwide Holdings Inc

Featured Story: What is a capital gain?

Receive News & Ratings for Twin River Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twin River Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.