amc short interest s3 partners

While a stock can be crowded it might not necessarily be a short squeeze candidate. Gary Gensler, Ken Griffin: Involved in Audit Quality Scheme? AMC stock highest borrow fee S3 Partners - Franknez.com. You seem like a nice guy Ihor, but let's not pretend ANYONE's short interest data is even remotely accurate. All rights reserved. Here is how the short interest of companies in the sector of "consumer discretionary" compare to AMC Entertainment: Cinemark Holdings, Inc. (25.76%), Grupo Televisa, S.A.B. Probably the best metric is market cap to revenue. Our Crowded Score takes a multi-factor approach to identify short-side crowded securities and take into consideration: Short Interest as a true percentage of a companys tradable float (which includes synthetic longs created by short selling). Short interest stands . The five largest short-side losers in the 3rd quarter were: TSLA (-$2.63bn), MRNA (-$2.51bn), AMD (-$984mm), SE (-$844mm) and AON (-$838mm). A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. The higher chance that short sellers may be forced to buy-to-cover will only help push stock prices even higher and making the Squeeze even tighter for the shorts still in the stock. It became slightly cheaper, on average, to short stocks in the 3rd quarter as the average stock loan fee fell -3 bps from 0.72% fee to 0.69% fee. This just defies all logic.". As the chart below shows the number of shares being shorted fell significantly in late January (the gold line) when the stock had its initial pop due to wallstreetbets Reddit crowd jumping in. (Disclaimers: this is not investment advice. For short side data and access to our research reports go to https://research.s3partners.com/ . And finally, all these stocks have incurred double digit percentage mark-to-market losses over the last 30 days coupled with mark-to-market losses over the last seven days. TV Shows. Short sellers made $14.3 billion in paper profit from their bearish bets on global banking stocks in March, according to analytics firm S3 Partners, as the collapse of U.S. lender Silicon Valley Bank. Thanks to this combination of improving fundamentals and growth efforts, AMC is slowly changing. Export data to Excel for your own analysis. Ihor Dusaniwsky at S3 Partners tracks short interest in stocks in real time, and he posts a number of his charts on Twitter.While AMC's stock was down $0.40 for the day from $26.52 to $26.12 . BLNK is the only stock to be in the top ten for two quarters in a row, financing costs have reduced their mark-to-market profits. Your use of any information or observations contained herein is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of such information or observations. As of April 15th, there was short interest totaling 137,470,000 shares, a drop of 1.0% from the previous total of 138,840,000 shares. AMC Entertainment has enough short sellers to create big buying pressure in a buy back when closing short positions. Accept Read More. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. The testimonials and examples used herein are exceptional results, which do not apply to the average member, and are not intended to represent or guarantee that anyone will achieve the same or similar results. INTELLECTUAL PROPERTY NOTICES: PRODUCT AND COMPANY NAMES USED HEREIN, OTHER THAN SHORTSIGHT.COM, MAY BE TRADEMARKS OR REGISTERED TRADEMARKS OF THEIR RESPECTIVE HOLDERS. Thanks for supporting Wall Street Memes). Before Covid-19 derailed the U.S. and worldwide economies GameStop was slowly losing revenue from fiscal 2016 to 2018 then had a sharp drop-off in fiscal 2019 (ended in January 2020). Clovis Oncology, currently the most expensive stock to short, boasts a 109% borrow fee according to data from S3 Partners, a financial analytics firm. But a stock's decline below its 50-day moving average does not mean a swift decline back to its 200-day moving average is in order. Please add MMTLP to your list, and GTII, and GNS. GameStop may be able to shake up its business enough to recover at least some of downturn but it wont happen overnight. 326 E 8th St #105, Sioux Falls, SD 57103 Over the past week, short bets increased 6% to 5 million shares, worth nearly $200 million. But the company still has a consistent liquidity position of $1.16 billion. By downloading any information from s3partners.com your information may be shared with our educational partners or affiliates. The rally cooled off late Friday after AMC's stock skyrocketed as much as 38% during early morning trading. AMC has not yet fully recovered from the effects of the pandemic. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. Revenue increased fivefold, and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) grew 80%, compared to last year. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. The number comes from an algorithm he created and is not subjective. According to CEO Adam Aron, the future of AMC's cash management will consist of supporting its core business operations, repaying high-interest loans, and also investing in growth initiatives. With Fed Decision Looming, Economy and Markets Wait Google Stock Concerned About AI? AMC's theaters also saw a total attendance of 39 million last quarter, which was four times larger than it was in the same period in 2021. An additional variable, which is necessary for a short squeeze to occur, are substantial net-of-financing mark-to-market losses., He continued, A short position, no matter how crowded, that continues to be profitable cannot be squeezed. Other stocks with a 10 out of 10 score are Bed, Bath & Beyond AMCs short borrow fee rate has skyrocketed in the past months but is now reaching record highs. Read More . For stock market, business news and updates,join the newsletterto receive weekly market news and notifications straight to your inbox. S3 Partners LLC. Short sellers betting against AMC suffered $2 billion in losses . Thank you for all your help. S3 looked at stocks with at least $100 million in short interest and ranked them by their stock borrow fees. You can now read exclusive FrankNez articles for only $1/mo. Last quarter alone, revenue grew 8.5 times over the same period of the previous year. 2023 S3 Partners, LLC. The author may be long one or more stocks mentioned in this report. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Sign up to receive the latest short interest report for AMC Entertainment and its competitors with MarketBeat's FREE newsletter. After a 40% Drop, Analysts Remain Bullish on Impinj, Visa Charges Higher After Better-Than-Expected Q2 Report, onsemi Puts A Bottom in Chip Stocks, Heads For New Highs, Checkpoint Software Leads Cyber-Security Stocks. To make matters worse, AMC short sellers have also gotten burned by the stock's 33.2% year-to-date gain. Note that while GameStops fiscal year ended on January 30, 2021, and would normally be labeled fiscal 2021, GameStop calls it fiscal 2020. The most profitable shorted sectors were Consumer Discretionary (+8.25%) and Materials (+7.21%) while the least profitable shorted sectors were Energy (-1.51%) and Financials (-1.11%). While AMCs stock was down $0.40 for the day from $26.52 to $26.12, for the week Dusaniwsky estimates that shorts lost over $1.2 billion and since the beginning of the year have lost over $1.9 billion. An increase in short sale volume suggests bearish (negative) sentiment among investors. Exclusive news, data and analytics for financial market professionals, Reporting by Herbert Lash in New York While the movie theater business is rebounding, AMC is still facing strong headwinds. Here's Why, (Read more from Wall Street Memes: MicroStrategy Stock: A Trial by Fire for Its Bitcoin Strategy). , Beyond Meat, Nikola, Skillz, Upstart Holdings and Virgin Galactic This has allowed AMC's management to go beyond simply recovering its business. Their efforts, which surged in January, pushed the stock to $20 a share, up from $5, and allowed AMC to lighten its debt load by around $600 million. Managing Director of Predictive Analytics, S3 Partners, Director of Predictive Analytics, S3 Partners. Short interest in the domestic market decreased by -$46.7 billion, or -3.93%, to $1.14 trillion in the third quarter of 2021. All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher. While retail investors keep trying to defeat short-sellers by provoking short squeezes, the company's management is trying to prove to the bears that AMC is more than just a meme. Is the 149% Dividend for ZIM Integrated Shipping in Jeopardy? Combined with retail buying pressure, an AMC short squeeze today is highly probable. The Miscellaneous (primarily SPACs) sector has the largest SI % Float at 9.59% and Consumer Discretionary (6.45%) was the only other sector over 6%. If AMC manages to decisively hold the 50-day moving average as support, then a rise back to its June peak of about $70 could be in order. Due to the limited stock borrow availability, SPAC stock loan rates in the Miscellaneous sector continued to be the most expensive sector to short with rates rising +49 bps from 5.21% to 5.70%. BBBY To put this into context, fellow meme stock AMC Entertainment has a short interest . January 3, 2022. CNBC's Yun Li contributed to this report. Shares of AMC Entertainment dropped as much as 14% on Wednesday as retail traders begin to capitulate on the meme-stock frenzy and short bets against the theater chain increase. In the top section of the chart below is the stocks Relative Strength Index or RSI. S3 Partners founder Robert Sloan examines the short-selling activity surrounding AMC and the top short-squeeze risks. As AMCs stock price came back down the number of shares shorted steadily increased until mid-April, where it has essentially remained around 90 million. What we do know is that CEO Adam Aron plans to tackle the short thesis fundamentally. Trying to use earnings or cash flow as a valuation tool would show exorbitant results and not be of much use. Beyond Meat (BYND) Initiated with a Hold at BMO Capital, 7 Short-Squeeze Stocks That Could Make You Rich, 3 Short-Squeeze Stocks Set for an April Rally, Registration on or use of this site constitutes acceptance of our. Please log in to your account or sign up in order to add this asset to your watchlist. And before Covid-19 impacted business the companys market cap was about $750 million. Only one sector had a significant increase in short exposure in the 3rd quarter, the Energy sector was up +$4.4 billion. The number of GameStop shares being shorted was at its peak before retail traders combined to 'short squeeze' the stock, ultimately . Short interest in the domestic market decreased by -$23.9 billion, or -2.23%, to $1.05 trillion in the fourth quarter of . The more than 1,100% jump in AMC's stock since January has defied Wall Street analyst predictions. Throughout 2022, AMC was one of the preferred stocks to short - and it turned out to be a great investment for short-sellers. S3 Partners is reporting AMC as the #1 stock with highest borrow fees but like Ortex, it also reports the companys short interest. We want to hear from you. Investors that short sell a stock are betting that its price will decline in the future. AMC Entertainment (NYSE:AMC) has become the #1 stock with the highest borrow fees according to S3 Partners. Is AMC Entertainment's short interest increasing or decreasing? How often is AMC Entertainment's short interest reported? Leave your thoughts below! Ihor Dusaniwsky, S3 Partners Head of Predictive Analytics, discusses AMC stock sale and short interest. In-depth profiles and analysis for 20,000 public companies. Short Interest and Securities Finance Data - Access the only independent Short Interest and Securities Finance data set available. The Consumer Discretionary (primarily auto) and HealthCare (Biotech) sectors have the most constituents in the top 25 most squeezable stocks. Using this method, a sell signal for AMC would not be generated unless the 200-day moving average crossed above the 50-day moving average. Let's find out why that's a bad idea. The stock tested a key support level on Wednesday, as it traded around its 50-day moving average at $37.28. The recent rally off the June 16 lows (S&P 500 +5.36%, Nasdaq +7.57%, Russell 3000 +5.42%) has made some crowded shorts more squeezable. They are now transforming AMC into a growth company. contact@marketbeat.com But it's getting close to reaching pre-pandemic levels. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. The ten stocks that short sellers had the most conviction and paid the most to short made up 17% of the total borrow cost in the quarter, they were: HOOD (-$79mm), CPNG (-$60mm), LCID (-53mm), IRNT (-$24mm), VMW (-$23mm), FFIE (-$22mm), TSLA (-16mm), CVAC (-$16mm), GREE (-$14mm) and BLNK (-$14mm). But AMC isn't the only stock costing short sellers an arm and a leg. I could not have put it better myself. AMC Before Covid-19 hit the economy in 2020 AMC had lost money and had negative free cash . If you become a successful company you destroy a shorts thesis hence no logical reason to continue shorting. As Aron said, it is not enough for AMC to return to pre-pandemic levels to prove a successful business. I cover technology companies, worldwide economies and the stock market, A customer gets a bucket of popcorn before seeing, g a movie at AMC Town Square. See here for a complete list of exchanges and delays. Grupo Televisa, S.A.B. See, AMC stocks short interest data is a recipe for a short squeeze, something similar to what occurred in January and June of 2021. Learn More on AMC Entertainment's short interest ratio. There was also +$8.8 billion of additional short selling in the quarter as short sellers increased their bets on potential market underperformers. Stock borrows are tight in most of these stocks with only six trading at General Collateral levels and twelve are trading at above 10% fee levels. 2023 CNBC LLC. THE USE BY SHORTSIGHT.COM OF ANY TRADEMARKED MATERIAL, INCLUDING ANY LOGOS OR COMPANY NAMES, DOES NOT IMPLY ANY AFFILIATION BY SHORTSIGHT.COM WITH THEIR RESPECTIVE HOLDERS OR ENDORSEMENT BY THEIR RESPECTIVE HOLDERS OF ANY INFORMATION OR OPINIONS PRESENTED ON SHORTSIGHT.COM. Id love to know your thoughts leave a comment down below. AMCs short borrow fee is a serious pressure cooker as it incentivizes shorts to close their positions more so as movie theatre shares continue to rise. Changes in short volume can be used to identify positive and negative investor sentiment. 1,359 likes, 60 comments - Stock Sharks (@stocksharks) on Instagram: "Passionate day traders glued to their Reddit message boards have found their new favorite . All trades, patterns, charts, systems, etc., discussed herein and any product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. I cover technology companies, worldwide economies and the stock market, A customer gets a bucket of popcorn before seeing, a movie at AMC Town Square. While initial box-office receipts are promising, fundamental elements of the movie theater business have changed in the last year, including theater capacity, shared release dates with streaming services and the number of days that movies play in theaters. Short selling AMC is an investing strategy that aims to generate trading profit from AMC Entertainment as its price is falling. Learn More on AMC Entertainment's current short interest. MicroStrategy Stock: A Trial by Fire for Its Bitcoin Strategy. antonio smith wichita ks,

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amc short interest s3 partners