Introduction. AMC shares are trading down $0.09 today. The market is rampant with blatant stealing from retail investors and driving companies down illegally. Use this data to understand bearish bets, conviction levels and what is driving price action, and identify which trades are crowded and why for over 65,000 global securities. Learn More. Short interest in shares of beleaguered First Republic Bank rose by $389.8 million to $945.5 million in the past 30 days, and the bearish positions turned profitable for the month as its shares . As Aron said, it is not enough for AMC to return to pre-pandemic levels to prove a successful business. Accept Read More. The highest stock borrow fees, as of September 30th, for stocks with over $100 million of short interest were: Short sellers were up +$47.2 billion in 3rd quarter mark-to-market profits, +4.02%. Research Note written by Ihor Dusaniwsky, Managing Director of Predictive Analytics, S3 Partners, LLC, For deeper insight into short side data and analysis contact me at Ihor.Dusaniwsky@S3Partners.com. Data from S3 partners reveal the AMC's shorted shares have dropped massively this month. Get this delivered to your inbox, and more info about our products and services. S3 Partners, which calculates real-time short interest in the market, expects the squeeze to continue. Only one sector had a significant increase in short exposure in the 3rd quarter, the Energy sector was up +$4.4 billion. The rising 200-day average is currently near the $14 level, representing potential downside of 60% from current levels. Mark-to-market losses are the primary impetus for a Short Squeeze to occur, and AMCs recent rally has pushed it into potential Short Squeeze territory.. A stock borrow fee is a fee charged by a brokerage to short sellers who borrow shares of stock. For AMC, the picture for the short-seller is far bleaker than the one for GameStop. Some of the factors in it are short sale liquidity, trading liquidity, financing liquidity and mark-to-market profit and losses. View which stocks are hot on social media with MarketBeat's trending stocks report. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Get 30 Days of MarketBeat All Access Free, By creating a free account, you agree to our. Learn More on AMC Entertainment's current short interest. Joe, you nailed it. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. AMC large recent short-side mark-to-market losses have kept it at the top of the league tables for his Short Squeeze Risk Metric. AMC's short interest was only at 23% when buyers were able to squeeze a percent of short sellers from the play, sending share prices to their all-time high of $72. S3 Analytics: Kraft Heinz (KHC) Short Interest $1.47 S3 Analytics: January 13th January 19th Best S3 Analytics: Chipotle Shorts up $261 million on $GME Stock Slides As Short-Squeeze Rallies Start To S3 Analytics: Stock Loan Implications of VXX ETNs S3 Analytics: Under Armour Swings and Misses on S3 Analytics: Februarys Most & Least Profitable Short S3 Analytics: McPlant Burger Not Tasty for Beyond Meat Shorts. 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. 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. AMC shares have risen nearly 60% this year-to-date. AMC - Short Interest - AMC Entertainment Holdings Inc Stock - Short 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. Investors shorting the meme stock AMC Entertainment are estimated to have lost $1.23 billion over the last week. He wrote, A security is considered crowded on the short side if some or all of the following occur:. Shares of First Republic plunged 43% to a record low a day after the bank released first-quarter earnings, reporting that deposits tanked by more than $100 billion. At its peak, the stock reached $36.72 a share. Workflow Solutions. 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. In the last quarter alone, AMC's revenues reached 65% of pre-pandemic levels. But AMC isn't the only stock costing short sellers an arm and a leg. S3's Sloan Sees AMC as Top Short-Squeeze Risk - Bloomberg For stock market, business news and updates,join the newsletterto receive weekly market news and notifications straight to your inbox. Shares of the movie theater chain rallied more than 116% since Monday. SPCE He speaks with Bloomberg's Matt Miller on "Bloomberg Markets." (Source: Bloomberg) Which stocks are the most shorted right now? Probably the best metric is market cap to revenue. The data, which comes courtesy of S3 Partners, LLC, reveals that during midday trading on Friday, year to date losses of AMC short sellers stood at $3.74 billion. (Disclaimers: this is not investment advice. No trader will be forced to exit a position that continues to be profitable. To remove the impact of Covid-19 lets use 2018s and 2019s revenue, which are essentially the same, of $5.47 billion and Fridays market cap of $21.6 billion (compared to $11.8 billion last Friday). GameStop, AMC Short Sellers Lose $12 Billion As Retail - Wccftech As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.69 billion), Occidental Petroleum Co. ($3.22 billion), Coinbase Global, Inc. ($2.54 billion), T. Rowe Price Group, Inc. ($2.33 billion), Paramount Global ($2.10 billion), Verisk Analytics, Inc. ($2.03 billion), Etsy, Inc. ($1.67 billion), Old Dominion Freight Line, Inc. ($1.62 billion), CarMax, Inc. ($1.60 billion), and Extra Space Storage Inc. ($1.60 billion). Surprisingly, these were three of the four sectors with the largest increase in short interest in the 2nd quarter of this year. We have seen the number of highly squeezable stocks in our Squeeze metric since June 15more than double, and our average squeeze score has increased by over 250% (from 12.22 to 31.48). Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Redditors saw AMCs high short interest data could drive short sellers to close their positions by buying the stock as a collective. 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. "They will never generate cashwith their current capitalstructure. In 2021, AMC shares rose more than 3,000% when it peaked at its all-time high of $72 per share. How high the stock will jump to is unknown. AMC's business has been under extreme duress. AMC stock jumps nearly 15% as retail-fueled rally stretches to - CNBC AMC short sellers dealt massive $1.2 billion blow after stock rally - CNBC AMC Dusaniwsky calculates that there continues to be moderate short covering in GameStop with short sellers covering 262,000 shares, worth $68 million, over the last 30 days but most of that short covering occurring over the last week with 145,000 bought-to-cover, worth $38 million. With the huge spike in AMCs shares they are definitely in overbought territory. Franknez.com is the media site that keeps retail investors informed. The latest GameStop short interest data from mid-October indicated that 20% of GME's float - 53.88 million shares - was held short. There were 6,195 shorted equities with negative P\L, producing -$49.4 billion in losses, -9.8%. , symbol AMC, more than doubled over the past five trading days moving from $12.08 last Friday to close at $26.12 today, up 116%. AMC has 13.8% of its float shares sold short after a 6.2% increase . Short selling is a costly, risky endeavor, but investors can also use this list of stocks with high borrow fees as a guide of which stocks to potentially avoid holding in a long portfolio as well. The S3 SI % Float, which includes the synthetic long shares created by every short sale in the denominator, fell -25 bps over the quarter, from 4.82% to 4.57%. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast, [BREAKING] New "Living Missile" to Replace Nuclear Missiles, Getting Started With Options Trading Has Never Been So Easy. AMC Entertainment (AMC) Short Interest Ratio & Short Volume - MarketBeat The number comes from an algorithm he created and is not subjective. Investors shorting the meme stock AMC Entertainment are estimated to have lost $1.23 billion over the last week as the shares rallied more than 116% since Monday, according to data from S3 Partners. Our platform connects, collects, and cleans position data across the total trade life cycle for any portfolio. Learn More on AMC Entertainment's current short interest. Not surprisingly, AMC was the most expensive stock to short in the first quarter, costing short sellers $225 million in stock borrow fees. Lyft Inc's revenue growth is likely to lag bigger rival Uber Technologies Inc for the sixth straight quarter, with Wall Street eagerly looking forward to a turnaround plan from its new CEO David Risher. Tesla Continues to Defy Expectations, Is it Buyable Again? Why the stock could round trip: Valuation. S3 Analytics: 3rd Quarter Short Interest by Sector Recap American Consumer News, LLC dba MarketBeat 2010-2023. Figure 1:This Could Be a Bad Time to Bet Against AMC. Ihor Dusaniwsky, S3 Partners. As of April 15th, there was short interest totaling 137,470,000 shares, a decline of 1.0% from the previous total of 138,840,000 shares. Fees Adding Up: S3 estimates short sellers paid a total of $1.91 billion in stock borrow fees in the first quarter of 2023, up from $1.54 billion in the fourth quarter of 2022. They may exit or trim their positions if trading or stock loan liquidity diminishes significantly or if their expected Alpha is reached and there are more attractive trades elsewhere. (0.77%), Spectrum Brands Holdings, Inc. (4.39%), Mister Car Wash, Inc. (15.31%), Steven Madden, Ltd. (5.25%), Sonos, Inc. (10.34%), Carter's, Inc. (7.52%), Graham Holdings (1.21%), Ozon Holdings PLC (8.94%), Kontoor Brands, Inc. (7.33%). 590 Madison Avenue, 25th FL Year to date shorts positions in First Republic are up $971.8 million, according to Dusaniwsky. 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 . Now the stocks short interest is around the same as it was when shares spiked to its all-time high. You must independently assess the risk of any investment or trading activity and make your own independent decisions regarding any securities mentioned herein. Dusaniwsky has developed a Short Squeeze score and ranks AMCs metric a 10 out of 10 for a short squeeze. AMC Stock, Business News, Community, Finance News, Investing News, Market News, Meme Stocks, Reddit Stocks, Stock Market News, Adam AronAMC ApesAMC EntertainmentAMC Entertainment NewsAMC NewsAMC Short InterestAMC Short SqueezeAMC Short Squeeze 2023AMC Short Squeeze NewsAMC StockAMC Stock NewsAMC Stock RedditAMC StocktwitsBusiness NewsFinance NewsInvesting NewsMarket NewsStock Market News. There were 9,551 shorted equities with positive P\L, producing +$96.6 billion in profits, +14.4%. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. They are now transforming AMC into a growth company. The user said, Shorts attack companies they feel they can destroy. In fact, the short interest in many of these speculative names has gone up in recent weeks, according to data firm S3 Partners. Opinions expressed by Forbes Contributors are their own. We'll assume you're ok with this, but you can opt-out if you wish. Unify your firm's cash with your prime and custody wallets by seamlessly integrating our solution with your own OMS. Why is the AMC Entertainment stock seeing an increase in short interest? 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. 1,359 likes, 60 comments - Stock Sharks (@stocksharks) on Instagram: "Passionate day traders glued to their Reddit message boards have found their new favorite . Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. In every recent quarter, the company has shown gradual improvement. Even though the overall market was relatively flat (S&P 500 up +0.23%, Nasdaq down -0.38% and Russell 3000 down -0.43%), the majority of this decrease, -$55.5 billion, came from mark-to-market depreciation of the shorted securities. AMCs high short interest of 25.33% has short sellers in a sticky situation as rising borrow fee rates limit the amount of shorting in the stock. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. 13 Stocks That Rank As Most Expensive to Short, Data Show - Markets Insider This Could Be a Bad Time to Bet Against AMC. Here's Why Get drawn at the end of the year for holiday giveaways. The data reveals that GameStop's short interest currently stands at $1.76 billion after it dropped by $880 million in just two weeks following the short sellers' recovery . Data is a real-time snapshot *Data is delayed at least 15 minutes. When it gets above 70, and it is currently at 86.81, they are overbought. "High stock borrow fees can test the conviction level of short sellers as financing costs can take a large bite out of expected Alpha," S3 analyst Ihor Dusaniwsky said. The Consumer Discretionary (primarily auto) and HealthCare (Biotech) sectors have the most constituents in the top 25 most squeezable stocks. Changes in short volume can be used to identify positive and negative investor sentiment. By downloading any information from s3partners.com your information may be shared with our educational partners or affiliates. At the end of April, 100.63 million shares were being shorted. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Highest Borrow Fees: Incredibly, short sellers are currently paying a 168.3% fee to borrow AMC shares, more than double the borrow fee of any other stock, according to S3. Short sellers are betting that a stock will decline in price. An increase in short sale volume suggests bearish (negative) sentiment among investors. But they will usually continue to ride the wave until the wave dissipates, or they are forced out by market conditions such as stock recalls or unpalatable stock borrow fees. Before Covid-19 hit the economy in 2020 AMC had lost money and had negative free cash flows two of the three previous years. Stonk-O-Tracker is currently reporting the borrow fee at 102% but recently showed hedge funds were paying as much as 731% to short AMC stock. 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. S3 looked at stocks with at least $100 million in short interest and ranked them by their stock borrow fees. Ihor Dusaniwsky at S3 Partners tracks short interest in stocks in real time, and he posts a number of his charts on Twitter. The industry leader for online information for tax, accounting and finance professionals. AMC Becomes The #1 Stock with Highest Borrow Fees Ihor Dusaniwsky at S3 Partners tracks short interest in stocks in real time, and he posts a number of his charts on Twitter. S3 Partners founder Robert Sloan examines the short-selling activity surrounding AMC and the top short-squeeze risks. Another moving average traders will likely have their eye on if AMC falls below its 50-day is the longer-term 200-day moving average. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. This breakthrough stock has bright future this decade. By the end of May, that number had grown to 109.83 million shares. AMC's new retail investors, who stand at 3.2 million strong, owned about 80% of the company's 450 million outstanding shares as of March 11, AMC reported earlier this month. AMC Entertainment stock falls again as shorts continue to circle The retail investors' agenda has been to keep AMC alive and to "stick it" to the hedge funds, one analyst told CNBC. All rights reserved. Its 30-day trading volume average is just above 100 million shares, according to FactSet. If you become a successful company you destroy a shorts thesis hence no logical reason to continue shorting. Most "Squeezable" U.S. Stocks - S3 Partners While the interest rate is not cumulative, todays high interest cripples shorts and gives buyers runway for big volume to make a greater impact than it did last year when the fees were extremely low and could suppress shares from rising. The more than 1,100% jump in AMC's stock since January has defied Wall Street analyst predictions. How does AMC Entertainment's short interest compare to its competitors? Learn More on AMC Entertainment's short interest ratio. AMC Entertainment (AMC) - Get Free Reportcontinues to be a major target for short-selling activity. Supply is dwindling. He continued, A short position, no matter how crowded, that continues to be profitable cannot be squeezed. A Division of NBCUniversal. Graphite is used to build batteries. AMC Entertainment Is Most Expensive Stock For Short Sellers, But What Other Stocks Top The List? It traded at seven times EBITDApre-pandemic. Is the 149% Dividend for ZIM Integrated Shipping in Jeopardy? An additional variable which is necessary for a short squeeze to occur is substantial net-of-financing mark-to-market losses. On Twitter, Adam Aron responded directly to a user regarding AMCs short thesis. With Fed Decision Looming, Economy and Markets Wait Google Stock Concerned About AI? The Consumer Discretionary (primarily auto) and HealthCare (Biotech) sectors have the most constituents in the top 25 most squeezable stocks. This short interest tracker provides a variety of short interest related data, sourced from a variety of partners. S3 Partners Home Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. contact@marketbeat.com AMC has not yet fully recovered from the effects of the pandemic. At one point it hit $36.72, which was 204% above last Fridays close. Ron, It matters and it matters even more when shills comment negatively towards AMC, 100% agree. Short sellers betting against AMC suffered $2 billion in losses . When a heavily shorted stock jumps higher in a rapid fashion, short sellers are forced to buy back borrowed shares to close out their short position and cut losses. Learn More on AMC Entertainment's short interest ratio. NEW YORK, April 25 (Reuters) - Short interest in shares of beleaguered First Republic Bank (FRC.N) rose by $389.8 million to $945.5 million in the past 30 days, and the bearish positions turned profitable for the month as its shares skidded on Tuesday, data from S3 Partners showed. The data is organized by frequency of updates, with intraday data at the top (short shares availability, short borrow fee rate), daily data (short volume, fails-to-deliver) in the middle, and the slowest updated data (short interest) at the bottom. 'We should see the GME short squeeze continuing': S3 Partners Get short term trading ideas from the MarketBeat Idea Engine. AMC's business fundamentals are at their best levels since the pandemic, but short sellers continue to bet against the stock. Theaters were closed for several months to help stop the spread of the virus, and when the company reopened its doors, few consumers felt comfortable attending screenings, and movie studios held back new releases. AMC Entertainment Is Most Expensive Stock For Short Sellers, But What AMCs short borrow fee rate has skyrocketed in the past months but is now reaching record highs. TV Shows. The more than 1,100% jump in AMC's stock since January has defied Wall Street analyst predictions. The indicators, strategies, columns, articles and all other features herein are for informational and educational purposes only and should not be construed as investment advice. As far as the company's balance sheet is concerned, free cash flow (FCF) suffered in the first quarter. Here's Why, (Read more from Wall Street Memes: MicroStrategy Stock: A Trial by Fire for Its Bitcoin Strategy). Indeed, according to S3 Partners Research, through early December . AMC share price gets cut in half as reality sets in for meme - CNBC The difference between the sell price and the buy price is the trader's profit. AMC stock highest borrow fee S3 Partners - Franknez.com.