Watch S3 Partners' Dusaniwsky on AMC - Bloomberg S3's Sloan Sees AMC as Top Short-Squeeze Risk - Bloomberg With Fed Decision Looming, Economy and Markets Wait Google Stock Concerned About AI? Before Covid-19 hit the economy in 2020 AMC had lost money and had negative free cash flows two of the three previous years. AMCs short interest came down to 14% after the surge but began to rise again all throughout 2022. In 2021, AMC shares rose more than 3,000% when it peaked at its all-time high of $72 per share. 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. Short Interest Data. 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.. The retail investors' agenda has been to keep AMC alive and to "stick it" to the hedge funds, one analyst told CNBC. In fact, AMC reported the best first quarter in the last two years. 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 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. I could not have put it better myself. January 3, 2022. There was also +$8.8 billion of additional short selling in the quarter as short sellers increased their bets on potential market underperformers. The rising 200-day average is currently near the $14 level, representing potential downside of 60% from current levels. Clovis Oncology, currently the most expensive stock to short, boasts a 109% borrow fee according to data from S3 Partners, a financial analytics firm. Learn More on AMC Entertainment's short interest ratio. Should You Be Too? AMC's business fundamentals are at their best levels since the pandemic, but short sellers continue to bet against the stock. You seem like a nice guy Ihor, but let's not pretend ANYONE's short interest data is even remotely accurate. Reese also said that bets against AMC's business have been based on retail investor fatigue. 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. FAANG stocks were up an average of +27.3% in 2021 but Amazon.com Inc (AMZN) underperformed the group significantly with only . S3 looked at stocks with at least $100 million in short interest and ranked them by their stock borrow fees . On Friday, that value stood at around $11.9 billion, according to data from FactSet. S3 Partners LLC: S3 Short Interest and Securities Finance Data - Snowflake We want to hear from you. 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. 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. Short interest in the domestic market decreased by -$46.7 billion, or -3.93%, to $1.14 trillion in the third quarter of 2021. 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. Image: S3 Partners, LLC. Over the past week, short bets increased 6% to 5 million shares, worth nearly $200 million. As far as the company's balance sheet is concerned, free cash flow (FCF) suffered in the first quarter. INTELLECTUAL PROPERTY NOTICES: PRODUCT AND COMPANY NAMES USED HEREIN, OTHER THAN SHORTSIGHT.COM, MAY BE TRADEMARKS OR REGISTERED TRADEMARKS OF THEIR RESPECTIVE HOLDERS. 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. 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. All Rights Reserved. In fact, the short interest in many of these speculative names has gone up in recent weeks, according to data firm S3 Partners. 590 Madison Avenue, 25th FL However, even when these criteria are met it does not necessarily mean the stock is a short squeeze candidate. High stock borrow fees can test the conviction level of short sellers as financing costs can take a large bite out of expected Alpha. 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. AMC's Stock Set Up For A Short Squeeze - Forbes Do Analysts' Price Targets Make Domino's Pizza Stock Look Tasty? TV Shows. 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). A short position, no matter how crowded, that continues to be profitable cannot be squeezed. 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. 2023 CNBC LLC. Figure 1:This Could Be a Bad Time to Bet Against AMC. , 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%. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Also, the article may contain affiliate links. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. A new note from S3 Partners highlights why short-selling AMC may not be worth the cost. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. While a substantially large . But it's getting close to reaching pre-pandemic levels. Dusaniwsky added, While a stock can be crowded it might not necessarily be a short squeeze candidate. 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 . Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Short selling AMC is an investing strategy that aims to generate trading profit from AMC Entertainment as its price is falling. No trader will be forced to exit a position that continues to be profitable. With the Russell 3000 down only -0.43% for the quarter, short sellers outperformed the market significantly by being good stock pickers. 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. S3 Partners founder Robert Sloan examines the short-selling activity surrounding AMC and the top short-squeeze risks. The author may be long one or more stocks mentioned in this report. A Division of NBCUniversal. 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. GameStop Short Sellers Flee As Short Interest Drops By $880 - Wccftech 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. Graphite is used to build batteries. Export data to Excel for your own analysis. Is AMC Entertainment's short interest increasing or decreasing? contact@marketbeat.com How often is AMC Entertainment's short interest reported? However, NASDAQ publishes a report for U.S. stocks, including AMC, twice per month. Information and observations are obtained from sources believed to be reliable, but S3 Partners, LLC and any of its affiliates do not warrant the completeness or accuracy of any such information, or guarantee or in any way warrant any results from the use of any information. 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. 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%. AMCs short interest per S3 Partners and Ortex data is nearly identical. Research: S3 Partners 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.. S3 Partners. Indeed, according to S3 Partners Research, through early December . No representation or implication is being made that using the methodology or system will generate profits or ensure freedom from losses. AMC - Short Interest - AMC Entertainment Holdings Inc Stock - Short AMC Entertainment stock falls again as shorts continue to circle The rally cooled off late Friday after AMC's stock skyrocketed as much as 38% during early morning trading. , Beyond Meat, Nikola, Skillz, Upstart Holdings and Virgin Galactic 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. But the company still has a consistent liquidity position of $1.16 billion. Related Link: Are Hedge Fund Short Sellers Hunting And Targeting Specific Bank Stocks? Short sellers have now lost grip as the cost to short the stock has dramatically increased. 1,359 likes, 60 comments - Stock Sharks (@stocksharks) on Instagram: "Passionate day traders glued to their Reddit message boards have found their new favorite . It wasnt until yesterday, May 27, that it had broken those records. AMC short sellers dealt massive $1.2 billion blow after stock rally - CNBC He continued, A short position, no matter how crowded, that continues to be profitable cannot be squeezed. Ihor Dusaniwsky on Twitter: "$AMC short interest is $2.36BN 90.52M 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. Keep in mind that the stocks previous all-time high had been around $27 in March 2015 and January 2017. 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 . S3 looked at stocks with at least $100 million in short interest and ranked them by their stock borrow fees. Thank you for all your help. There were more profitable shorts than unprofitable shorts in the 3rd quarter with 61% of all short positions adding positive numbers to a traders bottom lines. 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. AMC shares are trading down $0.09 today. Got a confidential news tip? 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. Ron, It matters and it matters even more when shills comment negatively towards AMC, 100% agree. Dusaniwsky has developed a Short Squeeze score and ranks AMC s and GameStops metric a 10 out of 10 for a short squeeze. 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). S3 Partners Home 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. The Consumer Discretionary (primarily auto) and HealthCare (Biotech) sectors have the most constituents in the top 25 most squeezable stocks. Why the stock could round trip: Valuation. MicroStrategy Stock: A Trial by Fire for Its Bitcoin Strategy. Get short term trading ideas from the MarketBeat Idea Engine. Short interest in the domestic market decreased by -$46.7 billion, or -3.93%, to $1.14 trillion in the third quarter of 2021. - AMC Enter Hldgs (NYSE:AMC) This is@CEOAdamstrategy and the only strategy that has ever worked in the history of the market! 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. #AMC#AMCSqueeze.. AMC Entertainment (AMC) - Get Free Reportcontinues to be a major target for short-selling activity. Although short interest is now nowhere near the exaggerated levels that preceded January 2021's historic rally, data from S3 Partners shows that short interest in both GameStop and AMC . AMC Entertainment But there were several sectors with some movement. Year to date shorts positions in First Republic are up $971.8 million, according to Dusaniwsky. The "King Of Quants" sees 10X potential Cybersecurity Firm Raises $5M in Five Days. 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. 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). In every recent quarter, the company has shown gradual improvement. AMC Entertainment (AMC) Short Interest Ratio & Short Volume - MarketBeat The Health Care sector had a -0.54% decrease in SI % Float to 5.82% as we saw appreciable short covering in the sector.

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