What is AMC Entertainment's current short interest? S3 Analytics: 3rd Quarter Short Interest by Sector Recap. Dusaniwsky has developed a Short Squeeze score and ranks AMC s and GameStops metric a 10 out of 10 for a short squeeze. 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. Thanks for supporting Wall Street Memes). A stock borrow fee is a fee charged by a brokerage to short sellers who borrow shares of stock. This short interest tracker provides a variety of short interest related data, sourced from a variety of partners. AMC Entertainment See what's happening in the market right now with MarketBeat's real-time news feed. To make matters worse, AMC short sellers have also gotten burned by the stock's 33.2% year-to-date gain. AMC Entertainment Is Most Expensive Stock For Short Sellers, But What Other Stocks Top The List? 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. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. With its persistent net losses, a recent reverse stock split, massive shareholder dilution and nearly $5 billion in debt, AMC Entertainment Holdings Inc (NYSE:AMC) may seem like an obvious candidate for short selling. Trying to use earnings or cash flow as a valuation tool would show exorbitant results and not be of much use. 326 E 8th St #105, Sioux Falls, SD 57103 as well as other partner offers and accept our, begin to capitulate on the meme-stock frenzy, Registration on or use of this site constitutes acceptance of our. 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. What is a good short interest ratio for AMC Entertainment? On Friday, that value stood at around $11.9 billion, according to data from FactSet. AMCs short interest per S3 Partners and Ortex data is nearly identical. However, even when these criteria are met it does not necessarily mean the stock is a short squeeze candidate. While a substantially large . contact@marketbeat.com One sign traders look for to generate a buy or sell signal is the crossover between the shorter 50-day and longer 200-day moving averages. 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. "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. Instead, management is seeking new avenues for growth beyond the entertainment business. Shares rose from $2 to more than $20 per share in January and from $9 to more than $72 per share later in June. AMC Entertainment has enough short sellers to create big buying pressure in a buy back when closing short positions. Investors that short sell a stock are betting . It's now trading at 25 timesEBITDA right now and it's in aworse position today with thechanged industry. Learn More. Image: S3 Partners, LLC. Changes in short volume can be used to identify positive and negative investor sentiment. Co-producer of The Street's financial channels: Apple Maven, Amazon Maven and Wall Street Memes. Grupo Televisa, S.A.B. 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). Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. CNBC's Yun Li contributed to this report. Learn More on AMC Entertainment's short interest ratio. S3 Partners estimates AMC 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. . AMC's Stock Set Up For A Short Squeeze - Forbes 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. Probably the best metric is market cap to revenue. But it's getting close to reaching pre-pandemic levels. A new note from S3 Partners highlights why short-selling AMC may not be worth the cost. Short interest is typically published by a stock exchange once per month. Dusaniwsky has developed a Short Squeeze score and ranks AMCs metric a 10 out of 10 for a short squeeze. BBBY Read More . Short sellers betting against AMC suffered $2 billion in losses . S3 Partners Launches Squeeze Risk Score on SI<GO> Bloomberg Terminal Page Despite the company showing signs of recovery from the COVID pandemic, short sellers continue to bet against its stock. Traders view the the 50-day moving average, which is the average daily closing price of a stock over its previous 50 trading sessions, as a short-term moving average that often represents areas of support or resistance for a stock. There were 6,195 shorted equities with negative P\L, producing -$49.4 billion in losses, -9.8%. AMC Entertainment saw a drop in short interest in the month of April. In 2021, AMC shares rose more than 3,000% when it peaked at its all-time high of $72 per share. Short Squeeze Alert: GME Is A Few Dollars From Going Parabolic Says S3 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). 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. Leave your thoughts below! 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. Data from S3 Partners showing short interest figures for the first weeks of June indicate that 110.02 million shares were being shorted: Figure 2: AMC's short interest vs. price. We'll assume you're ok with this, but you can opt-out if you wish. He speaks with Bloomberg's Matt Miller on "Bloomberg Markets." (Source: Bloomberg) Changes in short volume can be used to identify positive and negative investor sentiment. For AMC, the picture for the short-seller is far bleaker than the one for GameStop. The latest GameStop short interest data from mid-October indicated that 20% of GME's float - 53.88 million shares - was held short. The company has about 20% of its outstanding shares sold short, compared with an average of 5% short interest in a typical U.S. stock, S3 Partners said. Tesla Continues to Defy Expectations, Is it Buyable Again? Lemonides mentioned that "there's been too much confidence among the shorts that these businesses are completely failed.". All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher. He added, While a stock can be crowded it might not necessarily be a short squeeze candidate. but BLNK short sellers were still up +35% in the 3rd quarter even after paying away -13% is stock borrow financing costs. , 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%. Accept Read More. 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). 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%. Figure 1:This Could Be a Bad Time to Bet Against AMC. Thanks to this combination of improving fundamentals and growth efforts, AMC is slowly changing. Short sellers have now lost grip as the cost to short the stock has dramatically increased. But according to Charles Lemonides, portfolio manager at ValueWorks, there is likely to be a pause in the aggressive short-selling of meme stocks. Get short term trading ideas from the MarketBeat Idea Engine. Get drawn at the end of the year for holiday giveaways. Learn More on AMC Entertainment's current short interest. 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.. That's an uptick from 49.53 million in mid-September. Opinions expressed by Forbes Contributors are their own. He continued, A short position, no matter how crowded, that continues to be profitable cannot be squeezed. 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 . Our Blacklight SaaS platform and Black App provides an up-to-date view of short selling and short covering on an equity, sector, index, or country-wide basis allowing investors\traders to better manage their existing long and short positions. Short sellers have covered about 796,000 shares, worth $41 million, over the last 30 days, with buy-to-covers growing over the last week with 1.40 million covered, worth $72 million., Why the stock could round trip: Valuation. Thank you for all your help. The shares closed at $26.12 per share Friday, up from $13.68 on Monday. June 4, 2021: $21.6 billion with $5.47 billion in revenue = 3.9x market cap to revenue. Here's Why, (Read more from Wall Street Memes: MicroStrategy Stock: A Trial by Fire for Its Bitcoin Strategy). 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. How often is AMC Entertainment's short interest reported? First Republic Bank short positions turn profitable for month -S3 Data from S3 partners reveal the AMC's shorted shares have dropped massively this month. View all of the most shorted stocks. Image: S3 Partners, LLC. 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). Editing by Matthew Lewis, First Republic collapse sparks regional bank shares sell-off, JPMorgan wins government auction to buy seized First Republic Bank, Exclusive: Subway comes up with debt plan to clinch $10 billion-plus sale, Explainer: Why First Republic Bank failed and what JPMorgan's deal means, All eyes on Lyft's new CEO as Wall Street awaits turnaround plan, IMF's Georgieva says more vulnerabilities in banking sector may be exposed, Brazil police shoot dead 4 illegal gold miners on Yanomami reservation, India cuts windfall tax on petroleum crude, Options traders remain wary of regional banks after First Republic rescue. New York, NY 10022, 2022 S3partners.com All Rights Reserved. The stocks in our top 25 list all have elevated S3 SI % Float and days-to-cover. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Got a confidential news tip? 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. 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. Which stocks are the most shorted right now? It wasnt until yesterday, May 27, that it had broken those records. 'We should see the GME short squeeze continuing': S3 Partners 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. "FRC shorts are now profitable in April, up +$195.0 million in month-to-date mark-to-market profits.". Will Deady on LinkedIn: AMC Entertainment Is Most Expensive Stock For The retail investors' agenda has been to keep AMC alive and to "stick it" to the hedge funds, one analyst told CNBC. At some point in time reality should catch up what can easily be called an overvalued stock. While a stock can be crowded it might not necessarily be a short squeeze candidate. The more than 1,100% jump in AMC's stock since January has defied Wall Street analyst predictions. How does a short squeeze work against AMC Entertainment? AMC Entertainment (AMC) - Get Free Reportcontinues to be a major target for short-selling activity. 86% of retail CFD accounts lose money, Beyond Meat hosts conference call for investors, Short Interest Sector Focus: Consumer Defensive Sector. 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. 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. A short position, no matter how crowded, that continues to be profitable cannot be squeezed. With 450 million shares outstanding, the entire company changed hands nearly 1.5 times during Friday's trading. The company's management considers itself "balance sheet" managers, and they intend to seek out businesses in various segments that are financially fragile and replicate their expertise for a gain for both parties. 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. But a single trading day above its 50-day moving average is no sure-signal that AMC stock will continue to trend higher, as declining momentum indicators like the Relative Strength Index suggest fewer buyers are stepping in to support the stock than in previous weeks and months. Most "Squeezable" U.S. Stocks - S3 Partners An increase in short sale volume suggests bearish (negative) sentiment among investors. 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. Throughout 2022, AMC was one of the preferred stocks to short - and it turned out to be a great investment for short-sellers. View which stocks are hot on social media with MarketBeat's trending stocks report. The so-called short covering could be contributing to AMC's massive rally this week. AMC stock highest borrow fee S3 Partners - Franknez.com. 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 . It would not be surprising to see them pull back in the short term, similar to what happened in early February. A short squeeze for AMC Entertainment occurs when it has a large amount of short interest and its stock increases in price. Ihor Dusaniwsky at S3 Partners tracks short interest in stocks in real time, and he posts a number of his charts on Twitter. 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. Over the past week, short bets increased 6% to 5 million shares, worth nearly $200 million. 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 Partners LLC. Revenue increased fivefold, and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) grew 80%, compared to last year. No trader will be forced to exit a position that continues to be profitable. 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. 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. The Consumer Discretionary (primarily auto) and HealthCare (Biotech) sectors have the most constituents in the top 25 most squeezable stocks. S3 Partners. Is the 149% Dividend for ZIM Integrated Shipping in Jeopardy? 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. Combined with retail buying pressure, an AMC short squeeze today is highly probable. This website uses cookies to improve your experience. Affiliates of S3 Partners, LLC may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies or information. Note that while GameStops fiscal year ended on January 30, 2021, and would normally be labeled fiscal 2021, GameStop calls it fiscal 2020. 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). The difference between the sell price and the buy price is the trader's profit. "FRC shorts are up +$320.3 million in mark-to-market profits on todays -33.9% price move," he wrote. But AMC isn't the only stock costing short sellers an arm and a leg. To see all exchange delays and terms of use please see Barchart's disclaimer. Ihor Dusaniwsky, managing director of Predictive Analytics at S3, in an email exchange with Reuters said First Republic's plunge has moved short sellers in its stock into a profit for April. He wrote in an email, A security is considered crowded on the short side if some or all of the following occur:, However, even when these criteria are met it does not necessarily mean the stock is a short squeeze candidate. On Twitter, Adam Aron responded directly to a user regarding AMCs short thesis. When calculating the companys valuation metrics these results use fiscal 2018s $8.3 billion in revenue so as to be as generous as possible. AMC CEO's Fortune Has Jumped Over $120 Million Amid Reddit-Trader Push S3 data reports AMCs borrow fee at 142.57% but Ortex is reporting 213.95%. By downloading any information from s3partners.com your information may be shared with our educational partners or affiliates. , Beyond Meat, Nikola, Skillz, Upstart Holdings and Virgin Galactic Moving averages are a lagging trend-following indicator that technical analysts use to smooth out price movements and help identify the direction of the current trend in place. AMC Entertainment saw a decline in short interest in the month of April. 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. Short interest in the domestic market decreased by -$23.9 billion, or -2.23%, to $1.05 trillion in the fourth quarter of . This just defies all logic.". AMC surge slaps short sellers with $1.3B loss, AMC's stock soaring has nothing to do with a short-squeeze: LightShed's Greenfield, AMC to lighten its debt load by around $600 million. AMC Becomes The #1 Stock with Highest Borrow Fees Exciting results also came from its food and beverage business, which generated $252.2 million in revenue a fivefold year-over-year increase. Street performers in Minnie Mouse costumes pass in front of an AMC movie theater at night in the Times Square neighborhood of New York, Oct. 15, 2020. The recovery of AMC's business fundamentals has been aided by cash raised through share appreciation by retail investors. 2023 CNBC LLC. See here for a complete list of exchanges and delays. We want to hear from you. 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%. Is United Airlines Playing a Game of Limbo with Its Guidance? AMC Entertainment stock falls again as shorts continue to circle In-depth profiles and analysis for 20,000 public companies. The "King Of Quants" sees 10X potential Cybersecurity Firm Raises $5M in Five Days. S3's Sloan Sees AMC as Top Short-Squeeze Risk - Bloomberg In fact, AMC reported the best first quarter in the last two years. Learn More on AMC Entertainment's current short interest. Indeed, according to S3 Partners Research, through early December . 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.. 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 . 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. 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. (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%). - Shorts Think So. How high the stock will jump to is unknown. This Could Be a Bad Time to Bet Against AMC. Here's Why You must independently assess the risk of any investment or trading activity and make your own independent decisions regarding any securities mentioned herein. 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. Not surprisingly, AMC was the most expensive stock to short in the first quarter, costing short sellers $225 million in stock borrow fees. Researcher and operations manager at DM Martins Research. S3 Partners LLC: S3 Short Interest and Securities Finance Data - Snowflake INTELLECTUAL PROPERTY NOTICES: PRODUCT AND COMPANY NAMES USED HEREIN, OTHER THAN SHORTSIGHT.COM, MAY BE TRADEMARKS OR REGISTERED TRADEMARKS OF THEIR RESPECTIVE HOLDERS. The latest report on AMC short interest from S3 Partners indicates that $3.40B of short interest is outstanding and the number of shares shorted is up 6.16% from a week ago. Do Analysts' Price Targets Make Domino's Pizza Stock Look Tasty? Global Business and Financial News, Stock Quotes, and Market Data and Analysis. AMC shares currently have a short interest ratio of 4.0. S3 Partners (@S3Partners) / Twitter Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Here are the top 13 stocks with the highest . GameStop, AMC Short Sellers Lose $12 Billion As Retail - Wccftech Only one sector had a significant increase in short exposure in the 3rd quarter, the Energy sector was up +$4.4 billion. Having a high Squeeze Score does not guarantee that a stock will be squeezed but it does highlight stocks that a have a much higher squeeze potential than most other stocks in the market.
amc short interest s3 partners