amc short interest s3 partners amc short interest s3 partners

Keep in mind that the stocks previous all-time high had been around $27 in March 2015 and January 2017. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. 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. Get 30 Days of MarketBeat All Access Free, By creating a free account, you agree to our. The stock tested a key support level on Wednesday, as it traded around its 50-day moving average at $37.28. Franknez.com is the media site that keeps retail investors informed. This is on a company whose market cap was $248 million at the beginning of the year and is now $11.8 billion. This has allowed AMC's management to go beyond simply recovering its business. This short interest tracker provides a variety of short interest related data, sourced from a variety of partners. Accept Read More. Over the past week, short bets increased 6% to 5 . 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. See here for a complete list of exchanges and delays. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Short squeeze has not contributed to AMCs recent rise. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. In the last quarter alone, AMC's revenues reached 65% of pre-pandemic levels. 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. Note that while GameStops fiscal year ended on January 30, 2021, and would normally be labeled fiscal 2021, GameStop calls it fiscal 2020. 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. 2023 S3 Partners, LLC. The more than 1,100% jump in AMC's stock since January has defied Wall Street analyst predictions. 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. 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. . The five largest short-side losers in the 3rd quarter were: TSLA (-$2.63bn), MRNA (-$2.51bn), AMD (-$984mm), SE (-$844mm) and AON (-$838mm). On Friday, that value stood at around $11.9 billion, according to data from FactSet. Dusaniwsky added, While a stock can be crowded it might not necessarily be a short squeeze candidate. A decrease on short sale volume suggests bullish (positive) sentiment. 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. Upgrade to MarketBeat All Access to add more stocks to your watchlist. All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher. Here's Why, (Read more from Wall Street Memes: MicroStrategy Stock: A Trial by Fire for Its Bitcoin Strategy). - Shorts Think So. No representation or implication is being made that using the methodology or system will generate profits or ensure freedom from losses. That's an uptick from 49.53 million in mid-September. AMC short interest and stock price. Throughout 2022, AMC was one of the preferred stocks to short - and it turned out to be a great investment for short-sellers. Probably the best metric is market cap to revenue. But according to Charles Lemonides, portfolio manager at ValueWorks, there is likely to be a pause in the aggressive short-selling of meme stocks. Short exposure continues to be concentrated in several sectors: Information Technology ($258 billion), Consumer Discretionary ($211 billion) and Health Care ($168 billion). S3 Partners, which calculates real-time short interest in the market, expects the squeeze to continue. 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. 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 Entertainment Is Most Expensive Stock For Short Sellers, But What Other Stocks Top The List? Our platform connects, collects, and cleans position data across the total trade life cycle for any portfolio. 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. (Photo by Ethan Miller/Getty Images), AMC stock price (right axis) and number of shares, 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). Dusaniwsky calculates that there continues to be moderate short covering in GameStop with short sellers covering 262,000 shares, worth $68 million, over the last 30 days but most of that short covering occurring over the last week with 145,000 bought-to-cover, worth $38 million. He wrote, A security is considered crowded on the short side if some or all of the following occur:. "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." (Disclaimers: this is not investment advice. S3 Analytics: 3rd Quarter Short Interest by Sector Recap. (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. 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. The data is organized by frequency of updates, with intraday data at the top (short shares availability, short borrow fee rate), daily data (short volume, fails-to-deliver) in the middle, and the slowest updated data (short interest) at the bottom. AMC shares have risen nearly 60% this year-to-date. To see all exchange delays and terms of use please see Barchart's disclaimer. 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. 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.. FCF was negative $300 million. What is AMC Entertainment's current short interest? While a stock can be crowded it might not necessarily be a short squeeze candidate. 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). Other companys on the highest stock borrow fees list include Bed Bath & Beyond (NASDAQ:BBBY) with GameStop (NYSE:GME) last on the list. Is the 149% Dividend for ZIM Integrated Shipping in Jeopardy? Surprisingly, these were three of the four sectors with the largest increase in short interest in the 2nd quarter of this year. 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. Get drawn at the end of the year for holiday giveaways. Before Covid-19 hit the economy in 2020 AMC had lost money and had negative free cash . On the last day of 2019, AMC had a market value of $751.87 million. 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. Please log in to your account or sign up in order to add this asset to your watchlist. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. 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. GameStop may be able to shake up its business enough to recover at least some of downturn but it wont happen overnight. How often is AMC Entertainment's short interest reported? 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. Joe, you nailed it. But the company still has a consistent liquidity position of $1.16 billion. Our Standards: The Thomson Reuters Trust Principles. 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 . 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. 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. However, even when these criteria are met it does not necessarily mean the stock is a short squeeze candidate. How high the stock will jump to is unknown. 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). S3 Partners is reporting AMC as the #1 stock with highest borrow fees but like Ortex, it also reports the companys short interest. You have already added five stocks to your watchlist. The latest GameStop short interest data from mid-October indicated that 20% of GME's float - 53.88 million shares - was held short. Get short term trading ideas from the MarketBeat Idea Engine. Traders typically short a company, in anticipation its share price will decline, by borrowing stock. 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. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. On Twitter, Adam Aron responded directly to a user regarding AMCs short thesis. SPCE Here are the top 13 stocks with the highest . 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%. 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. 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. Real-time analyst ratings, insider transactions, earnings data, and more. S3 Partners LLC. Over the past week, short bets increased 6% to 5 million shares, worth nearly $200 million. Do Analysts' Price Targets Make Domino's Pizza Stock Look Tasty? AMC's business fundamentals are at their best levels since the pandemic, but short sellers continue to bet against the stock. GameStops valuation also doesnt make sense. but BLNK short sellers were still up +35% in the 3rd quarter even after paying away -13% is stock borrow financing costs. 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. At one point it hit $36.72, which was 204% above last Fridays close. Plus500. Short sellers will have to make a decision to either stick to their convictions and remain short despite rising share prices. 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. 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. He speaks with Alix Steel on "Bloomberg: The Open . Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. 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. Revenue increased fivefold, and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) grew 80%, compared to last year. 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.". AMC Entertainment (NYSE:AMC) has become the #1 stock with the highest borrow fees according to S3 Partners. Graphite is used to build batteries. The number comes from an algorithm he created and is not subjective. Due to the limited stock borrow availability, SPAC stock loan rates in the Miscellaneous sector continued to be the most expensive sector to short with rates rising +49 bps from 5.21% to 5.70%. With the huge spike in AMCs shares they are definitely in overbought territory. 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. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. (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%).