amc short interest s3 partners

- 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. Changes in short volume can be used to identify positive and negative investor sentiment. Duolingo Speaking Volumes: Forms Bullish Chart Ahead of Earnings, Skip Charts & View Short Interest History. The shares closed at $26.12 per share Friday, up from $13.68 on Monday. Get 30 Days of MarketBeat All Access Free, By creating a free account, you agree to our. While initial box-office receipts are promising, fundamental elements of the movie theater business have changed in the last year, including theater capacity, shared release dates with streaming services and the number of days that movies play in theaters. Ihor Dusaniwsky on Twitter: "$AMC short interest is $2.36BN 90.52M AMC Entertainment Is Most Expensive Stock For Short Sellers, But What Other Stocks Top The List? In-depth profiles and analysis for 20,000 public companies. AMC has around 18% of its float shares sold short, versus about 5% for an average U.S. stock, according to data from S3 Partners. Everything You Need to Know About an AMC Short Squeeze, AMC CEO Reflects on "Meme Stock" Frenzy of 2021. 2023 CNBC LLC. 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. AMC has 13.8% of its float shares sold short after a 6.2% increase . Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. 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. There was also +$8.8 billion of additional short selling in the quarter as short sellers increased their bets on potential market underperformers. 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. 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. 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. Surprisingly, these were three of the four sectors with the largest increase in short interest in the 2nd quarter of this year. Instead, management is seeking new avenues for growth beyond the entertainment business. A short squeeze for AMC Entertainment occurs when it has a large amount of short interest and its stock increases in price. Now the stocks short interest is around the same as it was when shares spiked to its all-time high. (Disclaimers: this is not investment advice. If a trader has significant historical profits in a stock; very high conviction in their investment\trading thesis; a technical or quantitative reason to be in a stock; or is very stubborn with a thick skin for enduring mark-to-market losses, they may remain short in a stock despite its high Crowded and Squeeze scores. S3 Partners LLC: S3 Short Interest and Securities Finance Data - Snowflake See what's happening in the market right now with MarketBeat's real-time news feed. Data is a real-time snapshot *Data is delayed at least 15 minutes. Exciting results also came from its food and beverage business, which generated $252.2 million in revenue a fivefold year-over-year increase. Before you get any more clout - let's just be transparent here and acknowledge S3 is owned by Citadel. Let's find out why that's a bad idea. 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. 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. 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. (Photo by Ethan Miller/Getty Images), chart on GameStop is available via his tweet, There is a large amount of dollars at risk on the short side (high short interest), There is a large proportion of a securitys tradable float shorted (high S3 SI % Float), There is scarcity of stock loan supply (high stock borrow fees), There is limited daily trading volume (high days to cover), AMC short interest is $4.53 billion of $21.6 billion market cap, Shortsare now down $3.91 billion in year-to-date mark-to-market losses, This includes up $302 million on Fridays decline of 6.7%, Shorts are down $1.99 billion or 52%, last week, Dec. 31, 2017: $1.58 billion with $5.08 billion in revenue = 0.31x market cap to revenue, Dec. 31, 2018: $1.48 billion with $5.46 billion in revenue = 0.27x market cap to revenue, Dec. 31, 2019: $747 million with $5.47 billion in revenue = 0.14x market cap to revenue, Dec. 31, 2020: $248 million with $1.24 billion in revenue = 0.20x market cap to revenue, GME short interest is $2.99 billion of $17.6 billion market cap, Shortsare still down $6.77 billion in year-to-date mark-to-market losses, This includes up $114 million on Fridays decline of 3.8%, Shorts are down $294 million or 10%, last week, Fiscal 2021 revenue: $5.43 billion estimate, Fiscal 2022 revenue: $5.37 billion estimate, GameStop has a market cap of $17.6 billion, Which is 13.8 times greater than December 31, 2020s market cap of $1.3 billion, And 2.1x market cap to fiscal 2018s revenue. However, as well as mentioning the box office success of Top Gun: Maverick as an indication of AMC's improving business, she sent a message to short sellers: "As an industry play, it doesn't seem like it's a great time to short.". 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. "FRC shorts are now profitable in April, up +$195.0 million in month-to-date mark-to-market profits.". AMC was the most active stock on the New York Stock Exchange by far on Friday as more than 650 million shares changed hands. 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. Short sellers will have to make a decision to either stick to their convictions and remain short despite rising share prices. The rally cooled off late Friday after AMC's stock skyrocketed as much as 38% during early morning trading. 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 . We'll assume you're ok with this, but you can opt-out if you wish. Dusaniwsky wrote, We have seen AMC short covering this week, but by no means are we seeing a wholesale short squeeze in this stock at the moment. You seem like a nice guy Ihor, but let's not pretend ANYONE's short interest data is even remotely accurate. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Learn More on AMC Entertainment's short interest ratio. Overall short sellers paid $1.86 billion in stock borrow fees in the 3rd quarter of 2021 (calculated daily borrow cost using S3s offer rate) versus $2.07 billion in stock borrow expenses in the 2nd quarter of 2021. Is the 149% Dividend for ZIM Integrated Shipping in Jeopardy? This has allowed AMC's management to go beyond simply recovering its business. 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. but BLNK short sellers were still up +35% in the 3rd quarter even after paying away -13% is stock borrow financing costs. Most "Squeezable" U.S. Stocks - S3 Partners When calculating the companys valuation metrics these results use fiscal 2018s $8.3 billion in revenue so as to be as generous as possible. 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. However, NASDAQ publishes a report for U.S. stocks, including AMC, twice per month. The data, which replaces the previously available S3 Rate Temperature, will be provided on a 30-day delay, with real-time data available in S3's BLACK App Excel {APPS BLAX< GO >} and S3's . Introduction. By downloading any information from s3partners.com your information may be shared with our educational partners or affiliates. However, even when these criteria are met it does not necessarily mean the stock is a short squeeze candidate. 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. Our Standards: The Thomson Reuters Trust Principles. First Republic Bank short positions turn profitable for month -S3 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. These partnerships do not influence editorial content. 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%. 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. The recovery of AMC's business fundamentals has been aided by cash raised through share appreciation by retail investors. But the company still has a consistent liquidity position of $1.16 billion. 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 [email protected]. 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. Short interest in the domestic market decreased by -$46.7 billion, or -3.93%, to $1.14 trillion in the third quarter of 2021. Ihor Dusaniwsky at S3 Partners tracks short interest in stocks in real time, and he posts a number of his charts on Twitter. The Health Care sector had a -0.54% decrease in SI % Float to 5.82% as we saw appreciable short covering in the sector. Joe, you nailed it. 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. AMC stock highest borrow fee S3 Partners - Franknez.com. With 450 million shares outstanding, the entire company changed hands nearly 1.5 times during Friday's trading. Short sellers betting against AMC suffered $2 billion in losses . See here for a complete list of exchanges and delays. But AMC isn't the only stock costing short sellers an arm and a leg. Short selling AMC is an investing strategy that aims to generate trading profit from AMC Entertainment as its price is falling. It traded at seven times EBITDApre-pandemic. AMC CEO's Fortune Has Jumped Over $120 Million Amid Reddit-Trader Push The five largest short-side winners in the 3rd quarter were: BABA (+$3.93bn), AMC (+(1.42bn), ZM (+$1.32bn), NIO (+$1.06bn), W (+$964mm). "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. Dusaniwsky added, While a stock can be crowded it might not necessarily be a short squeeze candidate. Stock Sharks on Instagram: "Passionate day traders glued to their NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. 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? In the end,, Congressman Introduces Legislation to Fire Gary Gensler, 35,000 Retail Investors Sign SEC Letter for New Rules, Antara Capital Discloses Shorting AMC Entertainment Stock, Mullen Now Working on $680,000 Federal Contract Agreement, Hester Peirce Lost for Words on MMTLP Scandal, Adam Aron Speaks on AMCs New Reverse Stock Split, Free Live Daily Updates: AMC Short Interest Today + more. Supply is dwindling. The stocks in our top 25 list all have elevated S3 SI % Float and days-to-cover. 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. He speaks with Alix Steel on "Bloomberg: The Open . 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. AMC Entertainment (AMC) - Get Free Reportcontinues to be a major target for short-selling activity. 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. Is United Airlines Playing a Game of Limbo with Its Guidance? In every recent quarter, the company has shown gradual improvement. Thank you for all your help. 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. Short exposure continues to be concentrated in several sectors: Information Technology ($258 billion), Consumer Discretionary ($211 billion) and Health Care ($168 billion). Thanks for supporting Wall Street Memes). 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 does AMC Entertainment's short interest compare to its competitors? AMC Entertainment saw a decline in short interest in the month of April. AMC AMC's business fundamentals are at their best levels since the pandemic, but short sellers continue to bet against the stock. AMC Short Sellers Recover $1 Billion In Little Over A Week - Wccftech 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. No trader will be forced to exit a position that continues to be profitable. CNBC's Yun Li contributed to this report. Short Interest Data. To put this into context, fellow meme stock AMC Entertainment has a short interest . The difference between the sell price and the buy price is the trader's profit. An additional variable, which is necessary for a short squeeze to occur, are substantial net-of-financing mark-to-market losses. Which the shorts have definitely seen this week. S3 Partners Launches Squeeze Risk Score on SI<GO> Bloomberg Terminal Page 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 . Figure 1:This Could Be a Bad Time to Bet Against AMC. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 'We should see the GME short squeeze continuing': S3 Partners If you become a successful company you destroy a shorts thesis hence no logical reason to continue shorting. 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. S3's Sloan Sees AMC as Top Short-Squeeze Risk - Bloomberg S3 looked at stocks with at least $100 million in short interest and ranked them by their 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. S3 Partners founder Robert Sloan examines the short-selling activity surrounding AMC and the top short-squeeze risks. Short sellers are betting that a stock will decline in price. 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. 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. 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. See, AMC stocks short interest data is a recipe for a short squeeze, something similar to what occurred in January and June of 2021. Lets start a discussion. This Could Be a Bad Time to Bet Against AMC. Here's Why The forced buying tends to fuel the rally even further. 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%. As AMC tests its key 50-day moving average support level, short bets against the company are increasing, according to data from S3 partners. Note that while GameStops fiscal year ended on January 30, 2021, and would normally be labeled fiscal 2021, GameStop calls it fiscal 2020. Investors that short sell a stock are betting that its price will decline in the future. With the Russell 3000 down only -0.43% for the quarter, short sellers outperformed the market significantly by being good stock pickers. While a substantially large . Learn More on AMC Entertainment's current short interest. Identify stocks that meet your criteria using seven unique stock screeners. AMC Entertainment falls 14% as increasing short bets test a key Learn More. 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. 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 . Why AMC Stock Could Be A Ticking Time Bomb For Short Sellers At Current Data from S3 partners reveal the AMC's shorted shares have dropped massively this month. This website uses cookies to improve your experience. You can now read exclusive FrankNez articles for only $1/mo. 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. All Rights Reserved. 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). 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. For AMC, the picture for the short-seller is far bleaker than the one for GameStop. Shares rose from $2 to more than $20 per share in January and from $9 to more than $72 per share later in June. 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. FCF was negative $300 million. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. 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. It would not be surprising to see them pull back in the short term, similar to what happened in early February. What we do know is that CEO Adam Aron plans to tackle the short thesis fundamentally. 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. All signspoint to an AMC short squeeze this year. Short interest in GameStop as a percentage of the company's float declined to 12.3% in August, according to MarketBeat, drastically lower than a high level of 141% in January, according to S3 Partners. A stock borrow fee is a fee charged by a brokerage to short sellers who borrow shares of stock. 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. The market is rampant with blatant stealing from retail investors and driving companies down illegally. 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. AMC Entertainment Is Most Expensive Stock For Short Sellers, But What All Rights Reserved. , 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%. Short Squeeze Alert: GME Is A Few Dollars From Going Parabolic Says S3 The "King Of Quants" sees 10X potential Cybersecurity Firm Raises $5M in Five Days. AMC Entertainment saw a drop in short interest in the month of April. Even with the Reddit crowd targeting AMC for months, and a surging stock price, the company's short interest remains high at around 20% of outstanding shares, according to data from S3 Partners . Thanks to this combination of improving fundamentals and growth efforts, AMC is slowly changing. AMC shares currently have a short interest ratio of 4.0. Why the stock could round trip: Valuation. GameStop, AMC Short Sellers Lose $12 Billion As Retail - Wccftech Traders typically short a company, in anticipation its share price will decline, by borrowing stock. Exclusive news, data and analytics for financial market professionals, Reporting by Herbert Lash in New York Investors that short sell a stock are betting . AMC Becomes The #1 Stock with Highest Borrow Fees 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. At time of publication, AMC was trading below the key support level at $35.27. Why is the AMC Entertainment stock seeing an increase in short interest? Here's Why, (Read more from Wall Street Memes: MicroStrategy Stock: A Trial by Fire for Its Bitcoin Strategy). Export data to Excel for your own analysis. Leave your thoughts below! A short interest ratio of 10 or greater indicates strong pessimism about a stock. 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. Read More . 2023 S3 Partners, LLC. Probably the best metric is market cap to revenue. Ihor Dusaniwsky, S3 Partners Head of Predictive Analytics, discusses AMC stock sale and short interest. Keep in mind that the stocks previous all-time high had been around $27 in March 2015 and January 2017. Combined with retail buying pressure, an AMC short squeeze today is highly probable. 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. In the top section of the chart below is the stocks Relative Strength Index or RSI. How high the stock will jump to is unknown. Not surprisingly, AMC was the most expensive stock to short in the first quarter, costing short sellers $225 million in stock borrow fees. S3 Partners Home