AMC’s Short Interest Rises to 21.64%
AMC’s short interest is rising again. Last week the movie theatre chain’s short interest was around 17%, according to Fintel. Now we’re seeing a sharp rise in shorting as the stock begins to move upwards again. AMC shares are currently…
AMC Entertainment Trades +42% in The Past Month
AMC Entertainment trades higher in the past month as it breaks major support levels it created last year when the stock soared to $72 per share. The movie theatre chain had a low of $5.05 in the past 30 days but has now begun trading above $8 levels. AMC…
Amazon is Investing Billions in the Movie Theatre Industry
BREAKING: Amazon plans to invest more than $1 billion per year into theatrical distribution releases per Bloomberg news. Amazon.com Inc. will be investing billions of dollars to produce movies that will release in theatres, according to people familiar…
Citigroup Has Been Shorting AMC for Over a Year
Citigroup is giving AMC Entertainment a salty $1.20 price target after shorting the stock the past year. The institution has filed a 13F-HR form disclosing ownership of 158,173 shares of AMC Entertainment Holdings, Inc. The holdings are valued at $1.1…
AMC’s High Short Interest is A Ticking Time Bomb
AMC’s high short interest is one of the biggest confirmations AMC Entertainment stock can squeeze again. Of course, there’s the second component which will trigger it, and that’s volume. We’ve seen spikes in AMC’s share…
