Ihor Dusaniwsky, managing director at short-selling data provider S3 Partners, told Barron’s he estimates 75.8 million AMC shares are sold short, or roughly 15% of shares available for trading. There has been some covering, as he estimates shares shorted are down by about 4 million over the last week. But with the stock up $8.47 on Tuesday, short sellers were down $642 million in mark-to-market losses on Tuesday alone, bringing the year-to-date losses to $3.82 billion.
For GameStop, he estimates about 7.9 million shares shorted, or 14% of shares available for trading, down by about a million shares over the last week. Based on those numbers, short sellers were down $139.8 million on Tuesday, bringing year-to-date losses to $6.32 billion.
Light a fuse and there will be a small cloud of spammy candles.
Remodeled the wedge.
Played it last go but I don't know if I am brave enough for another spin.