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"FRC shorts are up +$320.3 million in mark-to-market profits on todays -33.9% price move," he wrote. Opinions expressed by Forbes Contributors are their own. Recap using Fridays stock price of $248.36: Dusaniwskys chart on GameStop is available via his tweet. Is the 149% Dividend for ZIM Integrated Shipping in Jeopardy? Using this method, a sell signal for AMC would not be generated unless the 200-day moving average crossed above the 50-day moving average. At the end of April, 100.63 million shares were being shorted. As the chart below shows the number of shares being shorted fell significantly in late January (the gold line) when the stock had its initial pop due to wallstreetbets Reddit crowd jumping in. But the company still has a consistent liquidity position of $1.16 billion. He speaks with Bloomberg's Matt Miller on "Bloomberg Markets." (Source: Bloomberg) Moving averages are a lagging trend-following indicator that technical analysts use to smooth out price movements and help identify the direction of the current trend in place. Should You Be Too? Throughout 2022, AMC was one of the preferred stocks to short - and it turned out to be a great investment for short-sellers. Figure 1:This Could Be a Bad Time to Bet Against AMC. MicroStrategy Stock: A Trial by Fire for Its Bitcoin Strategy. Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast, [BREAKING] New "Living Missile" to Replace Nuclear Missiles, Getting Started With Options Trading Has Never Been So Easy. The more than 1,100% jump in AMC's stock since January has defied Wall Street analyst predictions. #AMC#AMCSqueeze.. The number of GameStop shares being shorted was at its peak before retail traders combined to 'short squeeze' the stock, ultimately . After a 40% Drop, Analysts Remain Bullish on Impinj, Visa Charges Higher After Better-Than-Expected Q2 Report, onsemi Puts A Bottom in Chip Stocks, Heads For New Highs, Checkpoint Software Leads Cyber-Security Stocks. AMC's Stock Set Up For A Short Squeeze - Forbes Ihor Dusaniwsky at S3 Partners tracks short interest in stocks in real time, and he posts a number of his charts on Twitter. S3 Analytics: 3rd Quarter Short Interest by Sector Recap At its peak, the stock reached $36.72 a share. Image: S3 Partners, LLC. THE USE BY SHORTSIGHT.COM OF ANY TRADEMARKED MATERIAL, INCLUDING ANY LOGOS OR COMPANY NAMES, DOES NOT IMPLY ANY AFFILIATION BY SHORTSIGHT.COM WITH THEIR RESPECTIVE HOLDERS OR ENDORSEMENT BY THEIR RESPECTIVE HOLDERS OF ANY INFORMATION OR OPINIONS PRESENTED ON SHORTSIGHT.COM. This forces short sellers to cover their short interest positions by buying actual shares of AMC, which in turn drives the price of the stock up even further. The data, which comes courtesy of S3 Partners, LLC, reveals that during midday trading on Friday, year to date losses of AMC short sellers stood at $3.74 billion. The market is rampant with blatant stealing from retail investors and driving companies down illegally. But it's getting close to reaching pre-pandemic levels. Which institutional investors are shorting AMC Entertainment? All quotes delayed a minimum of 15 minutes. Image: S3 Partners, LLC. The company has about 20% of its outstanding shares sold short, compared with an average of 5% short interest in a typical U.S. stock, S3 Partners said.