amc short interest s3 partners

Managing Director of Predictive Analytics, S3 Partners, Director of Predictive Analytics, S3 Partners. 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. Short squeeze has not contributed to AMCs recent rise. 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. A short position, no matter how crowded, that continues to be profitable cannot be squeezed. Ihor Dusaniwsky at S3 Partners tracks short interest in stocks in real time, and he posts a number of his charts on Twitter. All Rights Reserved. Before Covid-19 hit the economy in 2020 AMC had lost money and had negative free cash flows two of the three previous years. For AMC, the picture for the short-seller is far bleaker than the one for GameStop. (Disclaimers: this is not investment advice. Unify your firm's cash with your prime and custody wallets by seamlessly integrating our solution with your own OMS. Dusaniwsky has developed a Short Squeeze score and ranks AMC s and GameStops metric a 10 out of 10 for a short squeeze. (844) 978-6257. S3 Partners, which calculates real-time short interest in the market, expects the squeeze to continue. Last quarter alone, revenue grew 8.5 times over the same period of the previous year. 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. BBBY Thanks to this combination of improving fundamentals and growth efforts, AMC is slowly changing. It traded at seven times EBITDApre-pandemic. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. As of April 15th, investors have sold 137,470,000 shares of AMC short. AMC has 13.8% of its float shares sold short after a 6.2% increase . 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. - Shorts Think So. Short sellers will have to make a decision to either stick to their convictions and remain short despite rising share prices. 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. Tesla Continues to Defy Expectations, Is it Buyable Again? View which stocks are hot on social media with MarketBeat's trending stocks report. Down 66%, Is Beyond Meat Stock Finally a Buy? It has around $5 billion in debt and needed to defer $450 million in lease repayments as its revenue largely dried up during the ongoingcoronavirus pandemic. To put this into context, fellow meme stock AMC Entertainment has a short interest . Do Analysts' Price Targets Make Domino's Pizza Stock Look Tasty? 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. There were 9,551 shorted equities with positive P\L, producing +$96.6 billion in profits, +14.4%. 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. 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 . 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. 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. Please add MMTLP to your list, and GTII, and GNS. This is on a company whose market cap was $248 million at the beginning of the year and is now $11.8 billion. "FRC shorts are now profitable in April, up +$195.0 million in month-to-date mark-to-market profits.". This breakthrough stock has bright future this decade. Short sellers are betting that a stock will decline in price. They are now transforming AMC into a growth company. Get short term trading ideas from the MarketBeat Idea Engine. Plus500. How does a short squeeze work against AMC Entertainment? Benzinga's Take: The willingness for short sellers to pay these crazy high fees is a reflection of the strong conviction they have in their downside theses for the stocks mentioned. We want to hear from you. 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. Export data to Excel for your own analysis. Before you get any more clout - let's just be transparent here and acknowledge S3 is owned by Citadel. AMC shares are trading down $0.09 today. June 4, 2021: $21.6 billion with $5.47 billion in revenue = 3.9x market cap to revenue. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. #AMC#AMCSqueeze.. AMC has not yet fully recovered from the effects of the pandemic. Grupo Televisa, S.A.B. The rally cooled off late Friday after AMC's stock skyrocketed as much as 38% during early morning trading. 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. A new note from S3 Partners highlights why short-selling AMC may not be worth the cost. Our daily ratings and market update email newsletter. CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. Lets start a discussion. 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 . AMC Entertainment Is Most Expensive Stock For Short Sellers, But What Other Stocks Top The List? At the current valuation AMCs shares are 12.7 times more expensive than 2017s valuation level. Ihor Dusaniwsky, S3 Partners Head of Predictive Analytics, discusses AMC stock sale and short interest. To make matters worse, AMC short sellers have also gotten burned by the stock's 33.2% year-to-date gain. Though the company ended the first quarter with $1 billion in liquidity, the most it's ever had in its 100-year history, that cash will only keep it afloat through 2022 unless audiences return in droves to make up for months of no revenue. Researcher and operations manager at DM Martins Research. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. 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 . In-depth profiles and analysis for 20,000 public companies. Here are the 10 stocks with the highest borrow fees: Related Link: 10 Stocks That Are Crushing Short Sellers In 2023: Where Do Tesla, Apple, Lucid Motors Rank? 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). 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. 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. American Consumer News, LLC dba MarketBeat 2010-2023. If you become a successful company you destroy a shorts thesis hence no logical reason to continue shorting. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. 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. At some point in time reality should catch up what can easily be called an overvalued stock. Joe, you nailed it. S3 looked at stocks with at least $100 million in short interest and ranked them by their stock borrow fees . AMC short interest and stock price. AMC Entertainment has enough short sellers to create big buying pressure in a buy back when closing short positions. Franknez.com is the media site that keeps retail investors informed. "FRC shorts are up +$320.3 million in mark-to-market profits on todays -33.9% price move," he wrote. The stocks in our top 25 list all have elevated S3 SI % Float and days-to-cover. The author may be long one or more stocks mentioned in this report. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. 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. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. You can now read exclusive FrankNez articles for only $1/mo. AMCs short interest came down to 14% after the surge but began to rise again all throughout 2022. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Short interest is the volume of AMC Entertainment shares that have been sold short but have not yet been covered or closed out. 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. 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. We'll assume you're ok with this, but you can opt-out if you wish. How often is AMC Entertainment's short interest reported? At its peak, the stock reached $36.72 a share. Wedbush analyst Alicia Reese, who is a bear on AMC stock at the moment because of its valuation, said that the increase in short interest in AMC is occurring at a time when the fundamentals of the company are improving. But there were several sectors with some movement. Ron, It matters and it matters even more when shills comment negatively towards AMC, 100% agree. By downloading any information from s3partners.com your information may be shared with our educational partners or affiliates. In fact, AMC reported the best first quarter in the last two years. Management has done an excellent job in reversing the troubling FCF of the 2020, when AMC reported a negative cash flow of $1.27 billion. 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. AMC's business fundamentals are at their best levels since the pandemic, but short sellers continue to bet against the stock. 590 Madison Avenue, 25th FL All rights reserved. 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. Only one sector had a significant increase in short exposure in the 3rd quarter, the Energy sector was up +$4.4 billion. 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. 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. January 3, 2022. but BLNK short sellers were still up +35% in the 3rd quarter even after paying away -13% is stock borrow financing costs. 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. Other companys on the highest stock borrow fees list include Bed Bath & Beyond (NASDAQ:BBBY) with GameStop (NYSE:GME) last on the list. 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. Some of the factors in it are short sale liquidity, trading liquidity, financing liquidity and mark-to-market profit and losses. AMC was the most active stock on the New York Stock Exchange by far on Friday as more than 650 million shares changed hands. Get 30 Days of MarketBeat All Access Free, By creating a free account, you agree to our. Which institutional investors are shorting AMC Entertainment? - AMC Enter Hldgs (NYSE:AMC) 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 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. 1,359 likes, 60 comments - Stock Sharks (@stocksharks) on Instagram: "Passionate day traders glued to their Reddit message boards have found their new favorite . Short sellers betting against AMC suffered $2 billion in losses . Figure 1:This Could Be a Bad Time to Bet Against AMC. 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. 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). He continued, A short position, no matter how crowded, that continues to be profitable cannot be squeezed. 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). View all of the most shorted stocks. All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher. What is a good short interest ratio for AMC Entertainment? The so-called short covering could be contributing to AMC's massive rally this week. The number comes from an algorithm he created and is not subjective. 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.

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