Score Breakdown
Offering Ability
18
Cash Runway—
Float Risk
22
Warrant Exposure
15
Convertible Debt
85
Dilution Forecast
⛈️
Warning
High probability of dilution event
model est. 30%
🔁 Convertible Conversion
model 60%
• Major convertible overhang: 61% potential dilution
• Convertible risk score very high (85/100)
Market Data
Market Cap$2.52B
Shares Outstanding134.07M
Float124.91M
Cash$887.20M
Debt$2.77B
Short InterestN/A
Institutional Holdings
QoQ: ↑ 27.5% shares (2026Q1 vs prior)
375 institutional holders · 181.70M shares
#1
BARCLAYS PLC
22.67M shares
#2
BlackRock, Inc.
15.69M shares
#3
VANGUARD CAPITAL MANAGEMENT LLC
12.05M shares
+ 17 more holders Sign up free to view →
Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.
Short Interest
Short Interest13.14M
Days to Cover5.2
% of Float10.5%
FINRA data as of Jul 31, 2026
Recent SEC Activity
xbrl
XBRL WARRANT
2025-12-31
xbrl
XBRL CONVERTIBLE
2023-12-31
Full SEC filing analysis available with free account →
Recent News
No recent news
Factual PENN Dilution Snapshot
PENN Entertainment, Inc. (PENN) has a DilutionScore of 23/100, rated Low dilution risk. Score date: August 28, 2026.
- Recent SEC activity tracked for PENN: xbrl on 2025-12-31; xbrl on 2023-12-31.
- Score coverage note: Cash Runway is marked not applicable or unavailable while debt exceeds cash in stored market data; do not read the overall score as a complete balance-sheet risk assessment.
This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.
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📖 Dilution Education
Score Coverage Note
- Cash Runway is marked not applicable or unavailable while debt exceeds cash in stored market data; do not read the overall score as a complete balance-sheet risk assessment.