While there is potential for AMC to emulate a GameStop-esque squeeze with the current setup, the high volume creating a low DTC ratio could make the scenario happen quickly this could lead to two things.
ORTEX estimates that nearly 8 million shares have been returned/covered on Tuesday. Cost to borrow has fallen, with Tuesday's average at 12.34% and the max at 31.59%, while the surge in volume has led to a decrease in the DTC ratio for outstanding short positions to <2. Options trading and premiums are rising on a flatter day as IV climbs on the backs of such a prospect, with calls expiring May 21 (Friday) all increasing in value, and premiums for the monthly June 18 expiration up a high degree high volume (>20k) in the May 28 $28 call, implying a 100% move, and the June 18 $40 call, implying a nearly 300% move, solidify retail's high faith in the short squeeze.ĪMC has started to see a decrease in its high short interest over the past three days after shares jumped above $12.
It's estimated that shorts have lost nearly $1 billion combined in the two stocks during the past five trading days, with more covering needed as AMC has rallied towards $15. Retail investors look to be preparing themselves for a second short squeeze much like the one that unfolded with GameStop ( GME) in January, which also boiled over to AMC, taking it to its 52-week high above $20. While the prospects of a short squeeze fueled in part by Reddit have been a major factor in the rally, the long-term outlook of AMC remains poor. #AMCSqueeze, #AMC100K and #AMCtothemoon were some of the trending hashtags on Twitter going in to the open on Tuesday as AMC Entertainment ( NYSE: AMC) rose for its eighth straight day. Note: We do not offer technical support for developing or debugging scripted downloading processes.Photo by Massimo Giachetti/iStock Editorial via Getty Images Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users. This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or expected to impact individuals browsing the SEC.gov website. Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. We reserve the right to block IP addresses that submit excessive requests. To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. Unauthorized attempts to upload information and/or change information on any portion of this site are strictly prohibited and are subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C.
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AMC STOCK SHORT SQUEEZE DOWNLOAD
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