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. What does it mean to sell short AMC Entertainment stock? But the chances of getting a tap on the shoulder from a Chief Risk Officer to cut losses and get out of the trade is higher for these stocks. It became slightly cheaper, on average, to short stocks in the 3rd quarter as the average stock loan fee fell -3 bps from 0.72% fee to 0.69% fee. The Consumer Discretionary (primarily auto) and HealthCare (Biotech) sectors have the most constituents in the top 25 most squeezable stocks. Despite the company showing signs of recovery from the COVID pandemic, short sellers continue to bet against its stock. 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 . Investors that short sell a stock are betting that its price will decline in the future. You seem like a nice guy Ihor, but let's not pretend ANYONE's short interest data is even remotely accurate. In every recent quarter, the company has shown gradual improvement. Shares of the movie theater chain rallied more than 116% since Monday. Our platform connects, collects, and cleans position data across the total trade life cycle for any portfolio. Access your favorite topics in a personalized feed while you're on the go. Everything You Need to Know About an AMC Short Squeeze, AMC CEO Reflects on "Meme Stock" Frenzy of 2021. Traders typically short a company, in anticipation its share price will decline, by borrowing stock. An additional variable, which is necessary for a short squeeze to occur, are substantial net-of-financing mark-to-market losses., He continued, A short position, no matter how crowded, that continues to be profitable cannot be squeezed. You can now read exclusive FrankNez articles for only $1/mo. There was also +$8.8 billion of additional short selling in the quarter as short sellers increased their bets on potential market underperformers. Grupo Televisa, S.A.B. Learn More. 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). Only one sector had a significant increase in short exposure in the 3rd quarter, the Energy sector was up +$4.4 billion. S3 Partners, which calculates real-time short interest in the market, expects the squeeze to continue. A new note from S3 Partners highlights why short-selling AMC may not be worth the cost. Shares of AMC Entertainment dropped as much as 14% on Wednesday as retail traders begin to capitulate on the meme-stock frenzy and short bets against the theater chain increase. Data from S3 Partners showing short interest figures for the first weeks of June indicate that 110.02 million shares were being shorted: Figure 2: AMC's short interest vs. price. Identify stocks that meet your criteria using seven unique stock screeners. By clicking Sign up, you agree to receive marketing emails from Insider This has allowed AMC's management to go beyond simply recovering its business. Note that while GameStops fiscal year ended on January 30, 2021, and would normally be labeled fiscal 2021, GameStop calls it fiscal 2020. Data from S3 partners reveal the AMC's shorted shares have dropped massively this month. NEW YORK, April 25 (Reuters) - Short interest in shares of beleaguered First Republic Bank (FRC.N) 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 skidded on Tuesday, data from S3 Partners showed. "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." What is AMC Entertainment's current short interest? 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. 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. This website uses cookies to improve your experience. AMC Stock: Short Sellers Paid $1.91 Billion in Fees Market wide Short Interest as a % of Float declined moderately in the 3rd quarter, decreasing -28 bps from 5.33% to 5.05%. He wrote, A security is considered crowded on the short side if some or all of the following occur:. 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. The stock tested a key support level on Wednesday, as it traded around its 50-day moving average at $37.28. A buy signal is flashed when the short-term moving average crosses above the longer-term moving average, as happened for AMC in February. There is a very high degree of risk involved in investing and trading of securities and similar instruments, and S3 Partners, LLC and any and all entities or individuals affiliated with S3Partners, LLC do not intend to provide or convey any advice or recommendations concerning any such activity, and assume no responsibilities for any trading or investment results.

Philip Kreycik Memorial, Jason Wright Apax Wedding, Is Paul Daniels First Wife Still Alive, Articles A