We’ve seen AMC squeeze before and AMC Apes know it will squeeze again — and soon due to the increasing AMC shares on loan. How many shares on loan does AMC have you might ask? AMC’s shares on loan have hit 163.41 million, which is significantly more than when AMC squeezed and surged to $72 per share in June with 100 million shares on loan. This means that AMC’s shares on loan have hit an all time high and now retail investors are anxiously waiting for short sellers to start closing their positions.
WHEN WAS THE LAST AMC SHORT SQUEEZE?
Ever since 2020, when retail investors realized that stocks like GME and AMC were being heavily shorted by institutional investors, they began loading up on the stocks and buying and holding their positions for the long run — knowing that short positions would eventually have to be closed.
Just last year in January, AMC stock price surged to $20 per share and again surged to $72 per share in June of last year. Since companies like AMC and GME had a high short interest, the more retail investors bought, the higher it started to drive up the stock prices, causing hedge funds and institutional investors millions in losses and have losing out on their risky short positions.
A hedge funds short positions is betting on the stock price going down. The lower the stock price goes, the more profit is to be made for the hedge funds. However, if the stock price surges, profits go out the door and detrimental losses can incur. As we know, Melvin Capital was one of the unlucky hedge funds to lose on their GME short position bets, ultimately causing the company millions in losses and ultimately leaving them with no choice but to announce that Melvin Capital will be closing its doors.
WHEN WILL AMC SHORT SQUEEZE NEXT?
AMC apes are anticipating that the stock price will soon be going up again and a large reason for this prediction is due the fact that AMC shares on loan are at an all time high. Not only that, but recently reported AMC “glitches” indicate that the current stock price and trading volume is not really accurate. Ultimately, retail investors know that soon these shares on loan will have to be bought back and returned. Currently AMC has a short interest of 22.56% and an all time high shares on loan of 163.41 million. AMC apes are anticipating that the stock price will surge, and most likely higher than $72 because the shares on loan are much higher than last June.