26 /100
MEDIUM RISK
Score updated Apr 13, 2026

PENN

PENN Entertainment, Inc. — Stock Dilution Tracker

Track PENN dilution risk with DilutionWatch's stock tracker. DilutionScore™ measures dilution risk across 5 factors — lower scores indicate higher risk of share dilution.

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📊 Score Breakdown
📋 Offering Ability
20
💰 Cash Runway
10
📊 Float Risk
22
⚠️ Warrant Exposure
15
🔄Convertible Debt
🌦️ Dilution Forecast
⛈️
Warning
High probability of dilution event
30%
🔁 Convertible Conversion 60%
• Major convertible overhang: 76% potential dilution
• Convertible risk score very high (85/100)
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💹 Market Data
Market Cap$2.04B
Shares Outstanding133.45M
Float124.61M
Cash$686.60M
Debt$11.27B
Short InterestN/A
🏛 Institutional Holdings
QoQ: ↓ 9.9% shares (2025Q4 vs prior)
364 institutional holders · 142.48M shares
#1 BlackRock, Inc. 15.41M shares
#2 VANGUARD GROUP INC 14.30M shares
#3 BANK OF AMERICA CORP /DE/ 7.40M shares
+ 17 more holders Sign up free to view →
📉 Short Interest
Short Interest21.42M
Days to Cover5.8
% of Float17.2%
FINRA data as of Mar 31, 2026
📁 Recent SEC Activity
xbrl XBRL WARRANT Dec 31, 2025
xbrl XBRL CONVERTIBLE Dec 31, 2023
Full SEC filing analysis available with free account
📰 Recent News
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