Tag: AMC Short Interest

Free Live Daily Updates: AMC Short Interest Today

AMC Short Interest Today
Momentum Stocks: AMC Short Interest Information | Ortex AMC

Community, I’m going to be updating this list of momentum stock and their short interest and utilization daily (AMC short interest).

Be sure to bookmark this page for daily AMC short interest updates. This information is being taken straight from Ortex. I understand not everyone has insight to this information so I will be making it all public for you.

Other metrics being updated daily will include the cost to borrow and the shares on loan.

If there are other heavily shorted stocks you’d like me to update daily, please leave a comment below and I’ll be sure to look into them before adding them to the list!

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#1. BBIG Short Interest

Short Interest: 23.74% | Utilization: 100.00 | Cost To Borrow: 236.24 | Shares On Loan: 60.23 Million | Days To Cover: 3.17

(Updated Daily)

#2. SNDL Short Interest

Short Interest: 9.38 | Utilization: 92.84 | Cost To Borrow: 4.72 | Shares On Loan: 328.61 Million | Days To Cover: 4.46

(Updated Daily)

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#3. SENS SI

Short Interest: 20.74% | Utilization: 100.00 | Cost To Borrow: 14.58 | Shares On Loan: 130.14 Million | Days To Cover: 31.77

(Updated Daily)

#4. BIOR SI

Short Interest: 12.07% | Utilization: 100.00 | Cost To Borrow: 22.35 | Shares On Loan: 23.45 Million | Days To Cover: 8.11

(Updated Daily)

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#5. AMC Short Interest

(Updated Daily)

Short Interest: 17.90% | Utilization: 100.00 | Cost To Borrow: 16.27 | Shares On Loan: 141.35 Million | Days To Cover: 3.45

Related: These Two Signs Will Tell You a Short Squeeze is Over

#6. GME Short Interest

Short Interest: 20.84% | Utilization: 100.00 | Cost To Borrow: 35.45 | Shares On Loan: 20.41 Million | Days To Cover: 6.16

(Updated Daily)

#7. ATER SI

Short Interest: 24.90% | Utilization: 97.96 | Cost To Borrow: 71.97 | Shares On Loan: 15.06 Million

(Updated Daily)

#8. MULN SI

Short Interest: 14.85% | Utilization: 100.00 | Cost To Borrow: 28.80 | Shares On Loan: 96 Million | Days To Cover: 1.37

(Updated Daily)

#9. RDBX SI

Short Interest: 145.63% | Utilization: 100.00 | Cost To Borrow: 652.49 | Shares On Loan: 2.88 Million | Days To Cover: 0.11

(Updated Daily)

Momentum Stock Articles

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Related: Will AMC Squeeze in 2022? [Short Interest Data]


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Will AMC Stock Go Up? [2022 Deep Dive]

Will AMC stock go up?
Will Ah9 stock surge again?

AMC has been trending downwards since its rise up to $72 per share and now retail investors are wondering, will AMC stock go up?

In a recent article I break down 3 BIG factors that have influenced AMC’s downward trajectory in the past few months.

Although AMC’s share price has been plummeting, the demand for the stock has not.

This key point is going to play a big role in what happens to AMC stock after this bear market is over.

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Welcome to Franknez.com – today I want to lay a few key points you should take into consideration if you’re holding AMC stock or thinking of buying it.

Let’s get started!

AMC stock had an incredible year in 2021.

The stock reached an all-time high of $72 per share with only 21% short interest at the time.

Once the share price began to come down, AMC’s short interest had come down to 14%.

Well, AMC’s short interest is back up to 20% again meaning short sellers have not learned their lesson.

Another key point I’m going to discuss below.

Can AMC’s share price still surge?

Can AMC's share price still go up?

As we start the new year, AMC’s average daily volume is incredibly high.

AMC has an average volume of almost 47 million with many days surpassing this amount.

It’s more than 15 times that of GameStop’s current volume.

So why isn’t AMC’s massive demand reflecting in the share price?

That’s the question the ‘ape community’ has been asking regulators all year 2021.

Too many eyes are on regulators right now and at some point, some suppression inflicted by hedge funds will have to subside.

And aside from Omicron and Covid news affecting the entire market, AMC’s massive volume will eventually push the stock price up during a correction.

What does this mean for retail investors?

If you’re looking to get in on AMC for a short squeeze, know the risks, but understand that once this stock takes off you will not be able to buy it at these prices again.

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Deflating the short interest

AMC Short Interest

Deflating AMC’s short interest like we saw back in January and June means AMC stock will go up significantly higher from its current share price.

Small short covering allowed AMC to reach $72 per share back in June of 2021.

So why can AMC stock still skyrocket?

Despite the heavy buying volume from retail, AMC still has more than enough short interest percentage to squeeze shorts from their positions.

2022 is only the sequel to 2021’s runup.

The reason mainstream media doesn’t want you to know this is because of their ties to hedge funds and private financial institutions.

These institutions are ‘short’ on AMC and GameStop, meaning they’re betting against them.

Pushing propaganda that will feed their narrative is the safest way for hedge funds to derail retail from further buying the stock that could cause them to default.

Hedge funds such as Melvin Capital, Anchorage Capital, Mudrick, & Archegos are out of the game.

Citadel Securities on the other hand continues to be short on AMC stock and seems to be having a hard time weathering this retail storm.

This is why mainstream media will not touch topic on the short interest data that could squeeze shorts from their positions.

Related: These Two Signs Will Tell You a Short Squeeze is Over

AMC Entertainment fundamentals

AMC Entertainment fundamentals

A short squeeze play has nothing to do with AMC Entertainment’s fundamentals.

The reason being is that retail goes based off of how much shorting there is in the company stock.

Buying the stock en masse (big volume) will cause AMC stock to go up, forcing shorts to close their positions and buy back their shares; triggering a short squeeze.

A short squeeze play does not depend on the performance of the company as a business.

AMC’s fundamentals are not the greatest, the company does have a lot of debt.

However, something mainstream media is not discussing is just how much their debt has gone down each quarter since 2021.

AMC Entertainment’s fundamentals are a discussion I will be touching topic on another blog post very soon so be sure to join the newsletter.

And although AMC still has quite aways to clear their debt, the company has become one of the first to lead crypto innovation and accept payment in cryptocurrencies.

Tesla has now followed by accepting cryptocurrency as a form of payment on their merchandise too.

Debt is the only thing holding AMC Entertainment from being a fundamental buy in the eyes of most in the industry.

AMC Entertainment partnerships

Partnerships

AMC partnered with Chance the Rapper last year for his concert movie release.

CEO Adam Aron announced that they would be working on partnering up with industry leaders for licensing agreements that would allow AMC to provide more of these experiences to their audiences around the world.

Another successful showing was the UFC fight they held in theatres.

The CEO also expressed his optimism surrounding showing highly anticipated sports events in theatres, granted licensing of course.

Retail investors have been specifically waiting for an AMC-GameStop partnership.

A topic Adam Aron teased could be in the works at some point.

AMC theatres released “GameStop: Rise of the Players” on January 28th, earlier this year.

One thing you cannot deny is the community strength and company relationship to its shareholders.

It’s never been seen before.

Do you own AMC stock?

Leave a comment below.

So, will AMC stock go up again?

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Based on trader sentiment, community sentiment, and continuous innovation from the company, AMC stock will surge again.

This bear market won’t last forever.

And although the entire market is rather shaky at the moment, there will be a correction.

Hedge funds might have leverage to short the stock, but the people aren’t leaving.

AMC Entertainment will have to focus on growth and revenue if they are to get out of debt in the future.

You can read AMC’s Q1 highlights for 2022 here.

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Why is AMC’s Short Interest Going Down?

Why is AMC's short interest going down?
Market News: Why is AMC’s short interest going down? AMC Short Interest Update

AMC’s short interest has gone down from 23% to 19.42% with very little noticeable change in the share price.

Shareholders are wondering why AMC’s SI has dropped and price has not risen.

After all, isn’t AMC’s share price supposed to skyrocket as the short interest goes down?

Let’s discuss it.

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Welcome to Franknez.com – if you haven’t joined the newsletter, be sure to do that below. I’m publishing market news and updates daily.

Let’s dive right into it!

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Short interest drops

AMC’s short interest has dropped from 23% to 19.42% in a matter of days.

AMC Entertainment stock moved from a low of $11.60 to a high of $14.36 on the 5-day chart.

While we have officially entered a bear market, not even positive news can escape the clutches of the general market’s downtrend.

So, is it possible this very small short interest drop could have been responsible for AMC’s small climb from $11.60 to $14.36?

AMC’s shares on loan also dropped from 194 million to 163.31 million.

But should shareholders holding out for a short squeeze be worried?

After all, it’s AMC’s short interest that tells us AMC has a shot to reach a new all-time high, isn’t it?

AMC’s short interest has always fluctuated, despite being on an uptrend for months now.

If AMC’s short interest keeps falling down, then we can anticipate shorts have merely begun to close their short positions.

And as Charles Payne put it, it’s short squeeze season again.

Will AMC’s short interest keep rising?

AMC Short Interest

Because AMC’s short interest tends to fluctuate, it’s very possible AMC’s short interest rises to +23% again.

This simply means more shorts are getting back in to short AMC at its current market value.

The rise in short interest is primarily independent to institutional sentiment.

We know AMC’s fundamentals have greatly improved.

Could institutions finally be getting ready to close their short positions in AMC Entertainment stock?

It wouldn’t be surprising if they were.

AMC Entertainment Holdings Inc. is no longer a screaming short.

Institutions have lost billions of dollars betting against the century old movie theatre chain for over a year now.

One of the biggest rules in trading is to never trade against the trend, and AMC is no longer a short.

Shareholders will have to keep an eye out on the reported short interest data for insight as to how much runway AMC has to rise in share price.

I update AMC’s short interest daily here straight from Ortex.

One thing is certain

AMC’s share price is destined to rise.

Whether you look at it from a fundamental standpoint or from the perspective of a short squeeze play, a reversal is imminent.

It’s merely a matter of time.

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Related: Will the Apes Successfully Take Down Wall Street Again?

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AMC’s Cost to Borrow Has Hedge Funds Burning Money

AMC Cost to borrow
Market News: AMC’s cost to borrow increases

AMC’s cost to borrow continues to rise.

In the past, we’ve seen how important this data has been regarding major price runup.

Not only does a high cost to borrow incentivize short sellers to close their positions, but it gets AMC one step closer to a squeezing.

In this article I’m going to break down the number figures and explain why the CTB and other data is pointing AMC in the right direction.

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Cost To Borrow explained

The cost to borrow is the average annualized percent (%) of interest on loans hedge funds have to pay.

For example:

AMC has approximately 190.44 million shares on loan as of the publication of this article.

Hedge funds are paying 15.55% annually on these loans.

This translates to $29.6 million per year, or $2.46 million per month.

In the meantime, it’s costing retail investors $0 to hold their positions in AMC stock.

Hedge funds will continue to pay more as AMC’s cost to borrow rises.

Short interest

AMC short interest

AMC’s current short interest is: 22.41%.

This is the percent of a company’s free float that is shorted.

AMC is a short squeeze play because of this number figure.

This number figures tells retail investors that there is a high interest in shorting the company stock.

It’s this data that allowed retail investors to foresee big price moves in January and in June of 2021.

This same data tells investors today that AMC has the potential to hit another all-time high.

Some of you might be familiar with the correlations between short interest and rise to $72 per share last year.

AMC’s short interest dropped from 23% to 20%, then to 14% when it ultimately skyrocketed in price from $14 per share to $72 per share.

Despite what mainstream media has said in the past, no, AMC’s short interest is not too low to squeeze shorts from their positions.

Will AMC’s cost to borrow force shorts to close?

AMC short squeeze
AMC cost to borrow – AMC short squeeze

Hedge funds may be incentivized to close their short positions in AMC stock as the cost to borrow increases. At some point, it’s not worth paying that high of a fee to continue shorting a company that has fundamentally improved.

AMC is no longer the same endangered company it once was during the pandemic.

The company has improved every quarter since 2021 and has managed to get rid of most of its debt.

The world’s largest movie theatre continues to innovate and adapt to the changing world.

While online streaming threatened the industry, revenue from box office hits has proved people are still going to the movie theatres, despite the convenience of watching movies at home.

Short sellers are betting against a recovering and innovating film industry generating billions in revenue now.

As AMC continues to prove itself fundamentally and the cost to borrow rises, expect short sellers to begin closing their short positions.

Here is where patient investors will see massive returns.

Do you own AMC stock?

Are you an AMC shareholder or are thinking about buying AMC stock?

Leave a comment below.

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Short Sellers Are Now Paying More to Short AMC Stock

Short AMC Stock
The cost to short AMC stock goes up

AMC’s short borrow fee is rising again and short sellers are now paying more to short AMC stock.

This is the fee short sellers pay to borrow and short the stock.

It fell as low as 0.30% earlier this year but has now risen to 18.60%.

Although the short borrow fee is still relatively low, the progression could lead to more impactful losses.

Last year hedge funds lost billions betting against the world’s largest movie theatre chain.

Overleveraged positions with high short borrow fee rates only multiplied losses.

Rising short borrow fees could incentivize short sellers to completely ditch the play and close their short positions as shorting becomes more expensive.

Let’s break it down together.

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Welcome to Franknez.com – if you haven’t joined the newsletter, be sure to do that below. I’m publishing market news and updates daily.

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AMC’s short borrow fee increases

AMC Short Borrow Fee

AMC’s short borrow fee rate has steadily been increasing as the markets have tanked.

It comes as no surprise that the fee to short AMC stock would increase during this liquidity crisis.

The SPY officially hit bear market territory two weeks ago, but the market bounced rather quickly, trading just above bear market levels.

AMC continues to be one of the heaviest shorted stocks in the market.

It wiped billions of dollars from hedge funds shorting it last year.

And with a high short interest of 22.52%, AMC has more than enough juice to squeeze shorts from their positions.

But AMC’s short borrow fee rate and short interest percentage aren’t the only metrics increasing.

Pressure is escalating as AMC’s shares on loan reach an all-time high.

Pressure escalates as AMC’s shares on loan skyrocket

AMC shares on loan

AMC’s current shares on loan have reached 185 million.

These shares on loan eventually have to be returned to the lender by buying back the stock in the lit market (NYSE).

The massive buying pressure is going to create a high demand for the stock.

As the demand for the security goes up, so does the cost to buy it (the value of the security).

When AMC surged to $72 per share in June, it had roughly just over 100 million shares on loan and a short interest of 24% before falling to 20%, then 14%.

Today, AMC’s shares on loan have hit 191 million with a high short interest of 22.52%.

AMC’s Short Interest Data Updated Daily Here

Short sellers owe their lenders more now than they did when AMC shot up to $72 last June.

No matter what the catalyst is, AMC is inevitably going to surge again.

Related: Pressure Escalates as AMC's Shares on Loan Skyrocket

Will AMC’s increasing borrow fee rate force shorts to close positions?

AMC short borrow fee rate

AMC’s increasing short borrow fee rate may certainly incentivize short sellers to close their short positions.

The stock is slowly becoming harder to short and the cost to borrow it might prove to not be worth risking significant losses as the market adjusts itself for a reversal.

At some point, it’s going to be time to start betting long.

As you can tell, short sellers have the biggest risk here.

One simple bull rally can eliminate short sellers’ portfolios.

And with the SPY showing significant strength in the $400 level, one can assume the markets have potentially found a bottom.

The SPY momentarily hit official bear market levels last week but has managed to trade just above it.

A significant break upwards could bring the entire markets back up, hurting short sellers.

Be sure to connect with me on social media for daily updates.

Also, join the discussion in the comment section of the blog down below.

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Related: These Two Signs Will Tell You a Short Squeeze is Over

Is There a High Chance AMC Squeezes This Week?

Is there a high chance AMC squeezes next week?
Will AMC squeeze next week?

Is it possible AMC squeezes this week due to the executive order that’s going into effect?

AMC finished the week strong up more than 20% last week.

The movie theatre chain surged almost 18% on Friday alone.

Stocks have been on a free-fall as the SPY and NASDAQ pull the entire market down with them.

However, both the SPY and NASDAQ finished up 6% last week which could indicate a potential reversal is underway.

There are very important things happening in the market right now, especially with AMC Entertainment stock and I’m going to go over it.

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Welcome to Franknez.com – if you haven’t joined the newsletter, be sure to do that below. I’m publishing market news and updates daily.

Let’s dive right into it!

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It’s now costing short sellers a lot more money to short AMC stock

A major change has happened in the past week.

The cost to short AMC stock has dramatically increased from 2% to now 7.1%.

Short sellers are now paying more to short AMC stock.

This is a pattern long-term AMC shareholders are too familiar with.

AMC’s short borrow fee began to rise last year moments before the stock saw big price action.

An increasing fee incentivized a small percentage of short sellers to close their positions driving the stock price up.

Today, there are more short sellers in AMC than there were when the stock price soared to $72 per share.

AMC’s current reported short interest is 22.85%.

The number of shares on loan are at an all-time high meaning there are now more shares that have to be returned than there were during AMC’s run to $20 and $72 per share.

AMC has the perfect short squeeze setup.

And as the fee rises to short AMC stock, shorts will have to make the decision to either deal with it or close their short positions.

Related: Short Sellers Are Now Paying More to Short AMC Stock

Executive order 14032 will trigger margin calls

Executive order 14032 will prohibit institutions to use Chinese securities as collateral, which will result in large margin calls.

This executive order replaced 13959 from the Trump administration.

When executive order 13959 disarmed institutions with this collateral in January of 2021, AMC surged to $20+ per share.

The order was amended as stocks surged resulting in sharp declines, giving institutions this collateral back.

The amended date moved to late May, where we saw AMC reach an all-time high of $72 per share.

Institutions were then given their collateral back on June 2nd for a period of 365 calendar days.

This collateral will no longer serve institutions on June 3rd until the order is amended again.

This order could be the reason AMC squeezes next week, or rather the reason why we see large price movement very, very soon.

Only time will tell exactly how this executive order will affect AMC and other heavily shorted stock.

But the data is there, and the coincidence is far too big to simply ignore.

You can read more about executive order 14032 and get access to the government document here.

No dates, but the stars are aligning in retail’s favor

AMC squeezes next week

No matter how you look at it, another AMC surge is imminent.

It’s very possible the SPY also hit a bottom around the low $400 levels.

This means the stock market could be seeing a reversal very soon, granted that the SPY continues to break upwards.

A short squeeze play though, is different.

AMC’s short interest data is there, there’s no doubt this is indeed a short squeeze play.

And whether AMC squeezes next week or not, short sellers are in a very tough position right now.

The markets are bound to go up again.

Failing to close at these all-time lows could prove to be a very big mistake.

Retail investors, brace yourself – winter seems to be over.

I’m curious to hear your thoughts.

Leave a comment down below.

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Related: Here's Why It's The Perfect Time to Buy AMC Stock Today

These Two Signs Will Tell You a Short Squeeze is Over

These two signs will tell you a short squeeze is over
Keep an eye out on these two things.

How will we know when a short squeeze is over?

There’s going to be signs traders will want to keep an eye out for.

In this article, I’m going to be going over them in detail and will be using AMC and GameStop as examples.

Be sure to read to the end so you don’t miss a thing.

Let’s get started.

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Welcome to Franknez.com – if you haven’t joined the newsletter, be sure to do that below. I’m publishing market news and updates daily.

Let’s dive right into it!

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#1. Short interest

short interest

The short interest of a stock shows us the percent of a company’s float that is being shorted.

The reason AMC and GameStop were able to see price surges last year is because a small percent of short sellers closed out their positions in these stocks.

AMC’s short interest dropped from 20% to 14% when it had skyrocketed to $72 per share last year.

Today, AMC’s short interest is: 22.05%

GameStop’s current short interest is: 24.99%

You will know a short squeeze is over when there is no more short interest in an underlying stock.

You cannot have a short squeeze play if there is no short interest.

For example, HYMC stock’s short interest had surged prior to AMC’s acquisition.

The stock’s price surged and days later we saw the short interest plummet, and it continues to plummet.

HYMC’s short interest today is: 2.85%

A short squeeze for HYMC seems unlikely at this low of a percentage – there are simply not enough short sellers to squeeze and create a big price runup.

SI goes up and goes down

If HYMC’s SI was to surge, then it increases the possibility to squeeze shorts at a high enough short interest percentage.

However, it’s important to look at how short interest moves.

I update AMC’s, GameStop’s, HYMC’s and many other stocks’ short interest daily here.

If HYMC’s short interest keeps going down, don’t expect a short squeeze from Hycroft any time soon.

Hypothetically speaking, if AMC or GameStop’s short interest drops by 5%, then you know there’s still ‘squeeze’ juice, leaving AMC and GME at 17% and 19%, respectively.

Keep an eye on the short interest, it’s important to identify how many shorts are still in the game as AMC and GME begin to move up again.

#2. Utilization falls

AMC’s and GameStop’s current utilization are both at 100.

The utilization is the number of all outstanding loans available for lending.

You will know a short squeeze is over when AMC’s or GameStop’s utilization falls extremely low, when there are almost no shares available to loan.

For example, Ford (F) has a utilization of 1.14.

Apple (AAPL) has a utilization of 0.06 and Tesla (TSLA) has a utilization of 3.76.

The utilization tells us how much lending is happening in a security to short it.

And as long as AMC and GameStop are being heavily shorted, both are a short squeeze play.

Keep an eye out on the utilization, updated every trading-day here.

I hope this article was easy to digest and the information was straight to the point.

Have any questions, thoughts, or opinions?

Leave a comment below.

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Related: AMC's Shares on Loan Are at An All-Time High

AMC Short Sellers Suffer More Than $750 Million

AMC Short Sellers lose more than $750 million
Short sellers lose more than $750 million shorting AMC stock

AMC short sellers are facing massive losses.

Short sellers have lost more than $750 million in the past two weeks alone.

AMC is up more than 84% in the past five trading days closing up more than 44% today.

Should we expect more price surges this week?

Let’s break it down together.

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Welcome to Franknez.com – Today AMC is experiencing a gamma squeeze. This is going to be an exciting week for shareholders.

Let’s dive right into it!

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AMC’s volume skyrockets past 200 million

AMC Stock

Last week AMC’s trading volume reached 130 million, a milestone we have not seen since last year prior to its runup to $72 per share.

Today AMC’s volume skyrocketed past 200 million.

A clear sign the stock is getting ready for higher price action.

In the midst of these runups, short sellers have lost more than $750 million dollars in the past two weeks alone.

And this is only so far as momentum will keep driving AMC forward.

AMC short sellers are about to experience greater losses if they continue to hold their positions.

History is about to repeat itself as AMC aims at reaching a new all-time high for 2022.

The question is how high will AMC go?

Has AMC’s short squeeze started?

AMC short squeeze
Is AMC squeezing?

AMC’s current reported short interest is 20.90%.

We will notice short covering in the market when this number figure begins to decline.

When AMC surged to $72 per share last year, we saw the short interest drop from 20% to 14%.

AMC short sellers jumped in again and the short interest has risen to almost 21% since.

As of today, AMC’s short interest has not changed.

We should have a better understanding whether AMC’s runup has been mere momentum from retail, or short covering in the next day or two.

I update AMC’s short interest data here daily so be sure to bookmark it.

You can subscribe to the blog or follow me on social media for regular updates.

What’s currently moving AMC’s price action may also be options that expired in the money last week.

I’d love to hear your thoughts in the comment section below on what you think.

How soon will AMC squeeze?

AMC Short Sellers

AMC had two main runup points.

One towards the end of January and another in May of 2021.

While both events managed to squeeze a few shorts from their positions, hedge funds continued to overleverage their positions.

Shareholders have held their stock to inevitably send AMC’s share price to unprecedented numbers by squeezing hedge funds out.

Financial institutions around the globe are facing liquidity issues.

These liquidity issues are forcing institutions to keep up with their margin requirements as margin calls are triggered.

While the market takes a dump due to hedge fund selloffs, heavily shorted stocks such as AMC and GameStop will trigger short sellers to close their positions.

AMC’s trading volume surpassed 200 million on Monday and the probability of it increasing in the coming days is very high.

At some point, shorting the stock won’t be worth if for short sellers, especially as the cost to borrow the stock soars.

AMC has increased its retail shareholder base from 3 million to 4 million in the past year.

More investors have uncovered the short interest data that shows AMC has the perfect short squeeze setup.

Whether MOASS is just around the corner, or this is merely another massive price runup, there’s no denying significant gains are on their way.

What do you think?

Leave your thoughts in the comment section below.

AMC short sellers are going to be in a lot of pain.

Will it be from gamma, or from MOASS?

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These 15 Financial Institutions Bought More AMC Shares in January

These 15 financial institutions bought more AMC shares in January (AMC NEWS)
Financial Institutions buying AMC stock in 2022

Financial institutions continue to bulk up on AMC shares.

AMC stock has had a massive discount in January, and it seems retail investors aren’t the only ones taking advantage of this opportunity.

According to Ortex data, AMC’s short interest is over 20%.

That’s more than enough short interest to send AMC stock into the hundreds of dollars per share level.

When AMC’s short interest dropped from 20% to 14% back in June the price rose to $72 per share.

Are 100m+ volume days on the horizon?

franknez.com

Welcome to Franknez.com – 65% of you are new to the blog. Be sure you join our newsletter so you don’t miss out on new content! Today we’re discussing financial institutions buying AMC and why it matters.

Let’s get started!

AMC daily volume remains healthy

AMC Stock Volume Chart, AMC Price Chart
AMC Stock Volume Chart – AMC Price Chart

Despite AMC’s downtrend in price, the daily volume remains healthy hovering above 45 million on average.

AMC’s price plummet can be explained here, where the data shows discrepancies between buy and hold ratio vs the price decline.

AMC’s daily volume average is higher than that of Tesla stock, GME stock, Amazon stock, and Robinhood stock being some of the most popular tickers.

As for retail investors, the community sentiment behind AMC is very strong.

So far, more than 90% of the community on Twitter says they’ve been buying the dips.

Be sure to place your vote before the poll is over.

A powerful duo of AMC buyers

Both retail investors and financial institutions are buying AMC stock at today’s current prices.

AMC is too good in a position to not buy the stock, especially considering how much innovation the company is undergoing.

Big shorts are in a tough situation as they eventually have to close their short positions.

And when they do, AMC’s share price will begin to soar again.

Data shows AMC shareholders are not selling their stock but rather buying and holding it.

It’s only a matter of time before bigger shorts get squeezed from their short positions in AMC stock.

Financial institutions buying AMC stock

Here’s a list of the 15 financial institutions who bought AMC stock in January of 2022, via MarketBeat.

Financial institutions buying AMC stock in January of 2022
List of financial institutions buying AMC stock for the month of January, 2022 (1)
Financial institutions buying AMC stock in January of 2022
List of financial institutions buying AMC stock for the month of January, 2022 (2)

Many of these financial institutions buying AMC stock have millions of dollars in market value.

About 60% of the companies who increased their positions in AMC in January alone are holding more than 100,000 shares.

Since AMC’s earnings call figures have improved every quarter since last year, I estimate more financial institutions will continue to increase their positions leading up to this year’s Q4 announcement in March.

Meanwhile, retail investors continue to buy and hold the stock to ignite a short squeeze.

Read: Why is AMC stock going down? [3 BIG reasons]

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How Will We Know When Shorts Cover AMC?

How Will We Know When Shorts Cover AMC

AMC stock is showing major resistance in the high $30-$40 levels. The short interest has gone down by 3.5% since it peaked, did shorts cover?

And if they did, shouldn’t the price have gone up?

This is a very interesting topic indeed. Let’s discuss it.

franknez.com

Welcome to Franknez.com – the blog that gives retail investors a platform. Today I want to discuss some key attributes that will let us know when shorts cover AMC.

Let’s get started!

But before I continue, I want to thank every single one of you who continues to share the content and who’s been supporting the blog all these months.

Identifying Short Covering

Short covering is what’s going to ultimately get you astronauts to the moon.

It’s a battle of tug-a-war if you ask me.

Except it’s not physical, it’s a mental game of strategy. And the first to cave in, loses.

Now, it’s worth mentioning that the domino effect may fall upon either side of the spectrum.

This means both long shorts and long retailers are susceptible to influencing one another.

The difference is whether we lend strength to one another, or doubts and fear.

In my list of 6 things retail investors should know about AMC, shunning negativity is one of them.

And for great reason.

The same way we can pull each other up, we can also pull one another down.

Short Interest Data

To the best of my knowledge, there are two major factors that will allow us to identify when shorts cover.

The first is through the short interest data.

What does short interest data tell us?

The short interest helps us understand how much of a stock’s float is being shorted.

It’s the number of shares that have been sold short but have not yet been covered or closed out.

short interest calculation

For example, a heavily shorted such as AMC has a short interest of 16.56% (currently).

Apple on the other hand has an SI of 0.62%.

Apple has almost no shorts to squeeze from their positions where AMC has 16.56% of the float shorting the stock.

That’s approximately 106.82 million shares out on loan that have yet to be covered.

So in theory, as shorts begin to cover their positions, AMC’s short interest data should begin to decrease.

Price Action Change

Another common way to identify whether shorts cover their positions is through sudden price movements.

Short covering adds momentum to the buying pressure of a stock which results in a spike or bullish run.

What makes identifying when shorts cover is that the price action and short interest data don’t align at the same exact moment.

The reported short interest doesn’t happen right away.

It’s actually released a week and a half.

However, when we look at AMC’s runup back in June, we see that AMC peaked two days after it’s last report high short interest.

See below.

It took two business days for AMC’s small short covering to take AMC from $31.81 to an all-time high of $72.62 per share.

The chart from Ortex below shows us a drop in short interest between the dates of May 28th and June 9th where the stock began to cool down from it’s runup.

We saw the short interest drop from 20% to 14.76% by mid July before shorts began taking new positions, further driving the short interest up past 19%.

And I know what some of you might be thinking. Shorts haven’t covered! They never did!

Community, I’m presenting you with data that shows how price fluctuated based on the short interest updates.

Strangely enough, when the short seller, not hedge fund, Iceberg Research announced they closed their short position in AMC, two days later we saw a very small increase in price action though retail volume was low.

People were quick to dismiss Iceberg simply because it’s one analyst publicly shorting AMC but I though the news was super bullish.

In fact, I hoped other short sellers would follow in closing too.

Will AMC Squeeze Based On The Current SI?

AMC Short Interest October

AMC’s current short interest as of the date of this publication is 16.39%.

You can keep tabs on the short interest update here where I update it daily from Ortex so you don’t have to buy it.

AMC’s current short interest by definition is considered to be extremely high.

There is more than enough juice to get some serious price action out of AMC with this data.

And of course, if more shorts begin taking positions in AMC then the short interest percentage will continue to go up.

Otherwise, we can expect it to stay the same if they continue to hold, or decrease even if very small short positions are indeed being closed.

With AMC’s short interest slowly going down and an incredible amount of short shares being borrowed, I’m curious whether their exit strategy is to heavily short the stock while closing smaller short positions.

You can see how many short shares are being borrowed daily via. StonkOTracker.

Tinfoil hat on but I can see a strategy where the amount of overleveraged shorting is countering any small short covering.

Even then, this scenario is just speculation to be quite frank.

If you have any idea why the short interest is slowly going down I’d love to hear your thoughts in the comment section below.

I’m confident others would like to as well.

A Short Squeeze Requires Apes To Play Offense

I just published an article on what will trigger AMC to short squeeze.

If you have not read it I strongly suggest you do so.

In short, heavy volume and buying pressure is what initiated strong price movement back in January and this past June.

The community has set a new bottom for AMC in the mid to high $30 levels.

Holding will merely sustain the stock there, and low volume will not create momentum.

If the AMC community is to squeeze shorts from their positions, momentum will be the number one factor to creating another runup before the end of this year.

Could an even bigger third wave shake bigger short sellers?

I absolutely think so.

The next runup would force new shorts to close at a higher price then the previous wave of short sellers did.

Again, this is based on what the short interest data and price action have reflected.

We’ve raised the bottom during every runup, we’ve raised the market cap, and we’ve raised the all-time high.

There’s no doubt in my mind we can finish the mission through continuous buying pressure.

What About Synthetic Share Covering?

Unfortunately, there’s no way of identifying the process of synthetic share covering.

The safest way to track this short squeeze play is through the data that is provided, such as the short interest data.

And although at times it may be skewed due to being self-reported, it’s one way of tracking the information.

Synthetics shares are one of those things that regulators have been turning their heads on.

While the community is aware of them and acknowledges the use of synthetics, I find it’s counterintuitive for us to rely on information that is not being publicized as precisely.

Especially if we are to make big money from this short squeeze trade.

Be open to it, dig deeper to fuel your conviction, but also have a plan and be prepared for anything.

Stay true to your conviction, and make sure you make an awesome trade as shorts begin to cover.

How High Will AMC Go?

At this point, the short interest percentage is our fuel.

We cannot predict exact numbers based on the data available.

However, the data does show us that with enough applied pressure, AMC’s share price will skyrocket.

Ladies and gentlemen, there’s no way you cannot make money from this play.

It will be up to the community as a whole to be engaged, and continue playing offense.

In a war of mental tug-a-war, this third wave could be our grand win.

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