The recovery of AMC's business fundamentals has been aided by cash raised through share appreciation by retail investors. 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. Learn More on AMC Entertainment's short interest ratio. It's now trading at 25 timesEBITDA right now and it's in aworse position today with thechanged industry. 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. 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 the chances of getting a tap on the shoulder from a Chief Risk Officer to cut losses and get out of the trade is higher for these stocks. In 2021, AMC shares rose more than 3,000% when it peaked at its all-time high of $72 per share. Learn More. AMC shares are trading down $0.09 today. Lemonides mentioned that "there's been too much confidence among the shorts that these businesses are completely failed.". The shares closed at $26.12 per share Friday, up from $13.68 on Monday. Learn More on AMC Entertainment's current short interest. 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. 2023 CNBC LLC. 13 Stocks That Rank As Most Expensive to Short, Data Show - Markets Insider 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. Plus500. 326 E 8th St #105, Sioux Falls, SD 57103 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. That's an uptick from 49.53 million in mid-September. 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 . FCF was negative $300 million. "All that reallymatters here long term, thiscompany is never going to makecash again," Rich Greenfield, co-founder of LightShed Partners, said Friday morning on CNBC's "Squawk Box." The rally cooled off late Friday after AMC's stock skyrocketed as much as 38% during early morning trading. Using this method, a sell signal for AMC would not be generated unless the 200-day moving average crossed above the 50-day moving average. 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. Its 30-day trading volume average is just above 100 million shares, according to FactSet. 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). AMC Entertainment saw a drop in short interest in the month of April. What is AMC Entertainment's current short interest? First Republic Bank short positions turn profitable for month -S3 As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of AMC Entertainment: Equitec Proprietary Markets LLC, Simplex Trading LLC, Traynor Capital Management Inc., National Bank of Canada FI, FNY Investment Advisers LLC, Parallax Volatility Advisers L.P., Jane Street Group LLC, Belvedere Trading LLC, Sculptor Capital LP, Millennium Management LLC, Marathon Trading Investment Management LLC, Nomura Holdings Inc., Aristeia Capital LLC, Centiva Capital LP, Jefferies Financial Group Inc., Susquehanna International Group LLP, CSS LLC IL, Verition Fund Management LLC, Tyler Stone Wealth Management, 683 Capital Management LLC, Clear Street Markets LLC, Natixis, Antara Capital LP, Barclays PLC, Bank of America Corp DE, EMG Holdings L.P., Bracebridge Capital LLC, Group One Trading L.P., IMC Chicago LLC, Citigroup Inc., Cutler Group LLC CA, Simplex Trading LLC, and Bank of Montreal Can. 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. Data from S3 partners reveal the AMC's shorted shares have dropped massively this month. CNBC's Yun Li contributed to this report. The most recent reporting period available is April, 15 2023. 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. 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. 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. Workflow Solutions. AMC's business fundamentals are at their best levels since the pandemic, but short sellers continue to bet against the stock. "FRC shorts are now profitable in April, up +$195.0 million in month-to-date mark-to-market profits.". In-depth profiles and analysis for 20,000 public companies. AMC Stock: Short Sellers Paid $1.91 Billion in Fees He wrote, A security is considered crowded on the short side if some or all of the following occur:. AMC stock jumps nearly 15% as retail-fueled rally stretches to - CNBC How does a short squeeze work against AMC Entertainment? Over the past week, short bets increased 6% to 5 million shares, worth nearly $200 million. A short position, no matter how crowded, that continues to be profitable cannot be squeezed. The latest GameStop short interest data from mid-October indicated that 20% of GME's float - 53.88 million shares - was held short. 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. Probably the best metric is market cap to revenue.