AMC Networks also has a history of extreme volatility. More importantly, 25% of Marcus’ float is currently held short, the highest percentage of any of these three short squeeze candidates.ĪMC Networks Inc AMCX: AMC Entertainment Holdings Inc AMC has gotten a lot of attention as a short squeeze play this year, but AMC Networks is also set up well for its own short squeeze.ĪMC Networks' 22.7% short percent of float and its 43.9 million-share float provides plenty of opportunity for a potential squeeze. Marcus’ float isn’t minuscule, but it's relatively small at around 22.4 million. Marcus’ revenue plummeted 71.8% in 2020 thanks to the pandemic, but as many meme stock traders have realized in 2021, short squeezes are technical market phenomena and don’t necessarily have anything to do with the company’s underlying business fundamentals or the stock’s long-term outlook. Marcus Corp MCS: Marcus operates movie theaters, hotels and resorts.
AMC SQUEEZE POTENTIAL HOW TO
See also: How to Make Money on a Short Squeeze The stock is up 75% in the past six months, suggesting a lot of short sellers are already feeling the heat and a potential short squeeze could be just around the corner. In addition, short squeeze traders have frequently targeted stocks trading under $15 per share this year, and Digital Media shares currently trade at just $12.18. The stock’s 3.2 million-share float and its short percent of float of 22.4% are the perfect ingredients for a potential short squeeze. O ver the past month, shares of AMC Entertainment ( AMC) have traded in a relatively narrow band around 10 per share.
From mid-November to mid-December, the stock more than doubled from $6.32 to $12.97, demonstrating its potential for volatility. Digital Media Solutions Inc DMS: This company is an advertising technology and performance marketing platform that went public in July 2020.
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