Momentum Stocks: AMC Short Interest Information – Plus more.
Community, I’m going to be updating this list of momentum stock and their short interest and utilization daily (AMC short interest, BBIG, MULN, BIOR, GME, APE, and many others).
Be sure to bookmark this page for daily AMC short interest updates and more.
Other metrics being updated daily will include the cost to borrow, shares on loan, + short squeeze scores.
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!
– Frank Nez
#1. BBIG Short Interest
Short Interest: 16.98% | Utilization: 100.00 | Cost To Borrow: 12.17 | Shares On Loan: 52.33 Million | Days To Cover: 7.42
BBIG Short Squeeze Score: 83
(Updated Daily)
#2. MMAT Short Interest
Short Interest: 11.44% | Utilization: 100.00 | Cost To Borrow: 18.50 | Shares On Loan: 32.17 Million | Days To Cover: 3.10
Stock Market 2023: Top stocks outperforming the SPY.
AMC Entertainment (NYSE:AMC) stock continues to be one of the biggest ‘meme stocks’ even after its massive debut in 2021 when shares rose from $2.50 to $72 later that year.
The stock, at the publication of this article, is trading at $6.08, the same share price it was two years ago before gaining serious traction.
AMC Entertainment continues to improve its fundamentals and remains the #1 leader in the movie theatre industry.
While online streaming has grown to become quite popular, especially during the pandemic, experts are beginning to weigh in on AMC’s side in 2023.
CNBC stated, “Netflix has backtracked on its previous policies, including by introducing an ad-supported subscription option, leading many to wonder whether the company should rethink its resistance to the traditional Hollywood movie release model as it looks for new ways to grow revenue.“
Even Amazon associates who asked not to be identified, per Bloomberg News, are stating the company plans to invest $1 billion per year in the movie theatre industry.
The world’s largest online retailer aims to make between 12 and 15 movies annually that will get a theatrical release.
“While a $1 billion annual investment for film development is on the lower end of what major Hollywood studios spend each year, it’s a positive sign for the movie theater business, which has struggled in the wake of the pandemic”, said CNBC.
Peloton Interactive, Inc. (NASDAQ:PTON) is an American exercise equipment and media company based in New York City.
The company’s products are stationary bicycles, treadmills, indoor rowers equipped with Internet-connected touch screens that stream live and on-demand fitness classes through a subscription service.
Company shares are up +109.11% year-to-date.
Peloton recently brought Leslie Berland, Twitter’s former marketing head, as its next chief marketing officer, per Bloomberg news reports.
She previously helped lead American Express for 10 years.
Peloton is trying to shift the tides after a rough 2022, when its stock dropped more than 75%.
The company in November posted wider losses than analysts expected for its first fiscal quarter.
Berland said in an announcement that she is “thrilled” to join the company at this “unique moment in its transformation journey.”
Stock Market 2023: Top stocks outperforming the SPY.
Tesla Inc. (NASDAQ:TSLA) had one of its worst years yet in 2022.
However, the company stock is outperforming the market today already gaining +74.16% in gains this year-to-date.
Tesla CEO Elon Musk sold 22 million shares of the company last year cashing in approximately $3.6 billion earlier in December according to this SEC filing.
After the massive selloff, Elon said during a Twitter space call that he will not sell any Tesla shares for about two years.
Musk said he sees a ‘serious’ recession in 2023 and is preparing for a worst-case scenario.
And although experts are saying a recession is likely to strike the U.S. economy during the first quarter of 2023, the company stock seems to be performing quite well today.
Shares of Hycroft Mining (NASDAQ:HYMC) rose 25% earlier this year when the company announced it had discovered more gold and silver than it had anticipated.
Majority of the company is owned by AMC Entertainment.
Mullen Automotive (NASDAQ:MULN) share prices rose more than 18% on Wednesday after big volume carried the stock up to nearly $0.36 from its open of $0.2894.
MULN stock retested $0.35 after hours after closing the trading day at $0.3485.
Volume surged to 382 million, up 165 million from its average intraday volume of 216 million.
Technical analysis earlier this week showed us a push towards the upside would get triggered after breaking above $0.294 and $0.31.
Investors were able to build momentum causing MULN shares to rise on Wednesday.
MULN share prices have steadily traded in the $0.32 range since the beginning of the year.
The automotive stock jumped to $0.44 before retesting its major bottom level.
Will MULN shares keep rising?
117K Call Options vs 1.9K Put Options
A pattern we’ve been seeing with Mullen Automotive stock all of January is much larger call options than put options in the market.
Big volume pushed MULN share prices up on Wednesday with several call options making gains.
Webull’s volume distribution shows us MULN had 117K call options and 1.9k put options on Wednesday.
MULN Stock Webull – Franknez.com.
Call options in MULN have overwhelmed the minority of investors betting against the company stock.
As more and more retail investors come to discover Mullen Automotive, we can expect to see MULN share prices rise.
MULN stock is predicted to reach a high of $24.15 in 2023.
Getting MULN shares to $1 will be the first big milestone for the company stock.
And while experts say continuation of 2022’s bear market can be expected this year, the market has shown us that investors have the power to move the markets as a whole, despite market conditions.
Stock Market News: What’s happening with MULN stock? Will MULN shares keep rising?
Mullen Automotive (NASDAQ:MULN) stock shares rose +2.27% on Monday after a turbulent past few days last week.
The automotive stock surged to $0.44 before in January before retesting $0.28 and closing at $0.30 the start of the new week.
Retail investors have been buying the stock after analysts gave MULN stock a price target of $24.15.
The current analyst consensus is a strong buy, but shares fell after Mullen Automotive submitted its Form 10-K on Friday the 13th, revealing a number of risk factors.
Will Mullen Automotive stock recover?
Here’s what’s happening with MULN stock right now.
MULN Call Options Continue to Dominate Put Options
Even as MULN shares make gains and slide in January, we see that MULN call options continue to dominate the number of put options in the market.
On Monday, there were 96.41K calls total and 1.64K puts total.
This demonstrates there are more bullish investors than there are bearish investors.
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If Adam Aron actually believes there is no naked shorting happening to AMC he has literally proven himself to be…