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HODL - To the moon
$AMC Entertainment (AMC.US)$
Ihor Dusaniwsky, managing director at short selling analytics firm S3 Partners, noted that both AMC and GameStop still have enough short sellers to spark a larger squeeze. After the close on Thursday, he estimated GameStop's short interest at 11.23 million shares, or 19.4% of the total available for trading.
For AMC, he estimated short interest at 69.85 million shares, or 14% of the float. He says that short sellers have covered 685,000 GameStop shares worth $207 million over the past 30 days -- most of which came over the past week. For AMC, short sellers have bought back 20.6 million shares, worth $1.02 billion, over the past 30 days.
Ihor Dusaniwsky, managing director at short selling analytics firm S3 Partners, noted that both AMC and GameStop still have enough short sellers to spark a larger squeeze. After the close on Thursday, he estimated GameStop's short interest at 11.23 million shares, or 19.4% of the total available for trading.
For AMC, he estimated short interest at 69.85 million shares, or 14% of the float. He says that short sellers have covered 685,000 GameStop shares worth $207 million over the past 30 days -- most of which came over the past week. For AMC, short sellers have bought back 20.6 million shares, worth $1.02 billion, over the past 30 days.
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