Retail investors have been waiting for AMC to trade above $100 per share since 2021 when it nearly reached those levels.Īnd with the extremely high short borrow fee rate, shareholders are waiting to see the stock’s price skyrocket again. #AMCSTOCK and #AMCSQUEEZE have been trending on Twitter for two years in a row now, signifying shareholders aren’t leaving.Īfter price rejection at $6 levels, AMC found itself trading above $7 per share having retested $8.32 earlier this year.ĪMC’s short interest is already over 25% according to Ortex data, higher than the short interest it was before it began surging to its all-time high. Retail investors continue to take on Wall Street in 2023 as long-term shareholders continue to buy and hold the world’s largest movie theatre chain stock. AMC’s Rising Share Price Spells Trouble for Short Sellers Is AMC about to squeeze shorts again?
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