Rush Street Interactive stock is trading -55.97% below its average target price of $6.78 after dropping -3.4% during today's afternoon session. Analysts are giving the small-cap Leisure company an average rating of buy and target prices ranging from $4.0 to $12.0 per share.
Rush Street Interactive's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.7%. The stock's short ratio is 4.12. 8.67% of the corporation's outstanding shares are owned by its managers and directors, indicating a strong degree of alignment between their interests and those of other shareholders.
Another number to watch is the company's rate of institutional share ownership, which now stands at 70.7%. In conclusion, we believe there is mixed market sentiment regarding Rush Street Interactive.
Institutions Invested in Rush Street Interactive
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2022-12-31 | HG Vora Capital Management, LLC | 9% | 6,000,000 | $17,909,999 |
| 2022-12-31 | Vanguard Group, Inc. (The) | 7% | 4,947,347 | $14,767,830 |
| 2022-12-31 | Nomura Holdings Inc. | 7% | 4,749,196 | $14,176,349 |
| 2022-12-31 | Blackrock Inc. | 6% | 3,820,784 | $11,405,039 |
| 2022-12-31 | Canyon Capital Advisors LLC | 5% | 3,445,554 | $10,284,978 |
| 2023-03-31 | Goldman Sachs Group Inc | 4% | 2,845,323 | $8,493,288 |
| 2023-03-31 | Federated Hermes, Inc. | 2% | 1,512,064 | $4,513,510 |
| 2023-03-31 | Assenagon Asset Management S.A. | 2% | 1,394,034 | $4,161,191 |
| 2022-12-31 | Morgan Stanley | 2% | 1,305,257 | $3,896,192 |
| 2022-12-31 | Norges Bank Investment Management | 2% | 1,067,000 | $3,184,994 |
