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DraftKings

DraftKings Equities S3 Research
MLB May Cause a Timeout in DraftKing’s Short Squeeze

by Ihor Dusaniwsky July 31, 2020August 3, 2020

July 31, 2020August 3, 2020

DraftKings Inc (DKNG) short selling has been active since its acquisition in April as short sellers saw the stock as overbought during the Covid-19 lockdown when there was minimal live sports action to wager on. DKNG short interest is $680 million; 19.56 million shares shorted; 7.79% of its float. DKNG is the third largest short in the Casino and Gaming Sector.
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