TD Ameritrade Reports 40.25% AMC Short Interest

TD Ameritrade AMC Short Interest Glitch

Screenshots from TD Ameritrade have come up on Twitter of AMC’s short interest at 40.25%.

Ortex is reporting AMC to have a short interest of 16.99%.

So where is TD Ameritrade pulling up this information from?

They actually have a response to that.

franknez.com

Welcome to Franknez.com – the ape community has mentioned from time to time that a lot of the data provided by financial institutions is skewed. Here’s an example that happening right now.

“Our news and research is provided by Third Party Vendors”

So, why is this short interest data important?

Retail investors rely on the short interest data to determine how much of a company’s float is being shorted.

The short interest that Ortex is reporting is significantly less than that of TD Ameritrade’s.

TD Ameritrade’s short interest data is more than double that of Ortex.

Short interest data also enables us to see how much ‘squeeze potential‘ there is in a heavily shorted stock.

At least to a certain degree.

So if we have sources reporting masked or hidden short interest data, it’s deceit in many accounts.

Or is this simply a glitch from TD Ameritrade?

TD Ameritrade AMC Short Interest Tweet
TD Ameritrade AMC Short Interest Tweet

The ape community is questioning why ticker symbol AMC is the only stock that has had a significant number of glitches throughout the year.

Or are the real numbers being masked to divert the public from jumping in on this short squeeze play.

Afterall, hedge funds have begun closing, with many losing billions this year.

Read: Anchorage Capital closes after betting against AMC stock

Where is this data coming from?

The data comes from MorningStar but both TD Ameritrade and ETrade experienced this anomaly in their system.

TD Ameritrade AMC Short Interest 40.25
TD Ameritrade AMC Short Interest 40.25

According to TD Ameritrade, this was a glitch in their system.

However, the data would have not been changed unless the retail community pointed it out.

Was this a mistake on their end that retail was not supposed to see?

Or was this legit one of several glitches that has been occurring specifically for AMC Entertainment stock?

I’d love to know your thoughts in the comment section below.

The broker is stating their technology team is working to correct the information but have no ETA as to when the correct data will be restored.

Why so many glitches with AMC stock?

AMC Entertainment has been experiencing several glitches throughout 2021.

They have varied from skewed data such as the short interest, to chart patterns, and even share price.

The ape community has concluded over the months that AMC’s short interest data is significantly higher than what is being displayed.

Lou from the YouTube channel has even concluded that AMC’s share price is being masked and could be in the hundreds to even thousands of dollars per share.

Now, while these are rather extreme claims, it’s not difficult to understand why such claims have been made.

AMC is one of the most overleveraged stocks from hedge funds shorting it.

Millions upon millions of shares have been borrowed to short it all year.

The feds have now begun investigating short selling practices and are tackling hedge funds who pose systemic risk.

As more hedge funds close, and others continue to bleed their customers, retail investors suspect they will do everything in their power to deceive retail from squeezing them from their short positions.

An interesting narrative, but a very likely one just as much.

What other glitches have you seen in AMC stock?

franknez.com

Out of the several glitches that have occurred, what other glitches do you recall seeing in AMC Entertainment stock?

Leave a comment below.

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5 Comments

  1. Eric B Volz

    Ken Griffin ceo of Citadel has majority in Newscorp who controls WSJ Barrons Marketwatch and look at how they report on AMC Gme CEI peeps they are Ken’s Bit*hs his Agenda or you find job. Crazy yes conflict of interest manipulation or Thievery All 3 it seems Ken need to lose everything every dime he has stolen
    And a nice warm prison til he dies
    Our politicians who are in his pocket too
    I lost on every buy the 3 promoted I now get it
    And it has been going on for years
    It all coming for him and the other crooks in Ken’s dark pool
    Ken needs jailed forever even pays Twitter to edit anything said about Ken

    • Frank Nez

      It’s incredible what crooks with money are able to get away with

  2. Shaun Powell

    While I was using TD back in May I set 2 alerts, one for $100 and one for $150. June 2nd it set off both alerts when obviously we didn’t hit either of those prices.

    • Frank Nez

      That’s insane!

  3. Dennis

    I just got an Apple 7 watch for Christmas. I set it up with all the stocks I own, AMC being on my front screen. Every other stock was correct in the current price. AMC however, showed as $144.00 for about 10 minutes. I would click on it and no change, naturally I check my brokers which show current availability prices. Much lower than $144.00. As I show my wife the discrepancy, it changed in front of both our eyes. Then I start talking about all the glitches this year in recap, and then I see this article today. Funny how this keeps happening. Thanks for doing what you do Frank, I appreciate the articles and haven’t missed one yet….

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