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Were Hedge Funds Right About Dumping Bally's Corporation (BALY)?


Were Hedge Funds Right About Dumping Bally’s Corporation (BALY)?
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 866 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds’ and investors’ portfolio positions as of March 31st. In this article we look at what those investors think of Bally’s Corporation (NYSE:BALY).
Is
Bally’s Corporation (NYSE:BALY) the right investment to pursue these days? Investors who are in the know were becoming less hopeful. The number of long hedge fund bets decreased by 7 in recent months. Bally’s Corporation (NYSE:BALY) was in 18 hedge funds’ portfolios at the end of March. The all time high for this statistic is 25. Our calculations also showed that BALY isn’t among the 30 most popular stocks among hedge funds (click ....

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