$AMC Entertainment (AMC.US)$
https://www.barrons.com/articles/gamestop-amc-russell-1000-51623883459
As GameStop becomes a small fish in a big pool, its influence on active managers will also diminish. “Large-cap managers don’t need to own the smaller names,” says DeSanctis, “While in Russell 2000, because it’s a bigger name, small-cap managers have to pay attention to the stock.” Historically, stocks that have moved from the Russell 2000 to Russell 1000 have tended to lag behind the small-cap index over the next year, he says.On the other hand, AMC will play a far bigger role in the Russell 2000. If its market cap remains at its current level around $28 billion, the stock will likely be the largest member of the Russell 2000 after the rebalancing. The next-largest name in the reconstituted index, likely Ovintiv (OVV), has a market capitalization of just $8.3 billion. “The definition of small has been skewed,” says DeSanctis.
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https://www.barrons.com/articles/gamestop-amc-russell-1000-51623883459
As GameStop becomes a small fish in a big pool, its influence on active managers will also diminish. “Large-cap managers don’t need to own the smaller names,” says DeSanctis, “While in Russell 2000, because it’s a bigger name, small-cap managers have to pay attention to the stock.” Historically, stocks that have moved from the Russell 2000 to Russell 1000 have tended to lag behind the small-cap index over the next year, he says.On the other hand, AMC will play a far bigger role in the Russell 2000. If its market cap remains at its current level around $28 billion, the stock will likely be the largest member of the Russell 2000 after the rebalancing. The next-largest name in the reconstituted index, likely Ovintiv (OVV), has a market capitalization of just $8.3 billion. “The definition of small has been skewed,” says DeSanctis.
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$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....
4
$AMC Entertainment (AMC.US)$
hold and to the moon!!
hold and to the moon!!