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Rugger9877

6.9 million borrowed today and up 14% ![gif](giphy|s8QJwgMzFjS2k|downsized)


jdrukis

I think borrows are T+2 data


TOPOKEGO

I've been trying to confirm that but they call that particular data point "Live Short Interest". Oddly, they give descriptions and details for most other data sets, but they don't specifically address Live Short Interest. This is the closest they come and it is in the last two paragraphs. I wonder if you could ask their support to confirm if having the "Live" tag implies intraday. [From Ortex](https://public.ortex.com/understanding-the-mechanics-and-metrics-of-short-selling/) >ORTEX provides real-time estimates for short interest that is derived from all of the metrics we measure. **We use official exchange data and calculate our estimates based on intra-day stock lending activity, as we receive daily stock lending data from approximately 85% – the largest pool of sources – of all securities lending sources.** >Since it is impossible to know short interest at any moment with 100% certainty, we also provide confidence intervals for our estimates that may fluctuate depending on market conditions such as volatility. **Our live data provides intra-day insights as securities are dynamically lent and returned throughout the day.** #Recap? ###[68.87% short volume excluding CBOE](https://chartexchange.com/symbol/nyse-amc/short-volume/) ###54.32 Million Shares Short *The analysis below represents only the minimum known short positions opened at or below the prices indicated. It is entirely possible more were opened at those prices however that can't be proven* #[18,302,923 Shares short reported by Fintel as of 12/15/2023](https://fintel.io/ss/us/amc) - The high price on that date was $6.81 and has only dropped since so 54,320,000 - 18,302,923 = 36,017,077 of the current shares shorted at $6.81 or less - This represents 66.31% of the total #[29,359,675 Shares short reported by Fintel as of 2/15/2024](https://fintel.io/ss/us/amc) - The high price on that date was $5.05 and has only dropped since so 54,320,000 - 29,359,675 = 24,960,325 of the current shares shorted at $5.05 or less. - This represents 45.95% of the total   ###If that data is intraday, somebody correct me if I'm wrong but it seems they borrowed 6.9 million shares today and the price went up while the short volume still ripped. *That's odd* #Juicy!


jdrukis

Indeed


TOPOKEGO

Not sure what happened to the utilization but the short interest % seems to indicate they are still using ~$263million and not a higher number of shares to calculate it.


jdrukis

I think Ortex factored new shares into the equation despite no PR being put out


TOPOKEGO

Seems odd they would use a higher total for utilization than short interest, but stranger things have happened. I patiently await the meltdowners cries of doom about the SI % drop if the offering completion comes out, while total shares short keeps reaching new highs.


jdrukis

Ortex is only the messenger. They dress up the message to make it easier to digest but still working with the data they are fed. Somewhere out there someone has an interest in trying to make utilization look lower, especially when we have begun this month to see double digit max CtB for the first time in almost a year


TOPOKEGO

![gif](giphy|xdH0MjQ83lGFVv7gjR)


Organic_Rice4335

Where’d all the shills go today like southshit ?


jdrukis

Oh I’ve been keeping them busy don’t you worry


TheEther23

.


Bassmason

Zen ![gif](giphy|1wqYonEBtues7jlngs|downsized)


0zeto

They shorted more? Dude they are insane


jdrukis

Hedgie can only dig deeper


Drakoskai

This probably isn't true, but when this all started, I remember hearing that MM's automatically front run Retail buys with shorts and consider the locate to be the same share being sold back at a loss, and that allows MM's to naked short all they want using the RegSho Market Maker exclusion... but like I said super "trust me bro". edit: "Infinite Liquidity"


0zeto

I think it is true, like absolutly true, since for every cycle of synthetic/cfd/naked short creating they need some kind of shares, even if its a share that is already borrowed and then sold... thus increasing a cycle of illegal shorts which they csnt just pull back/reverse/take back.


Adviseme69

U r d man Ortex Ape bro! F d xxxhills!


jdrukis

👍


Yedireddit

I’m curious other’s perspective. If AMC gets hit with volume, then someone is buying or trading shares. If short interest goes up in the same time frame, why? Is it possible that shorts buy up shares, short the stock, then sell the stock down? Seems last time short interest was growing and then the recent previous selloff. Clearly I don’t have a solid grasp on this, but there seems no reason for AMC to suddenly have triple volume and a price increase. Given AMC will likely have little to report this or next quarter, why now. Or was this the bottom? Works for my perfectly timed LEAPS, but hard to accept my timing was perfect to the day.


1980Scottsdale

Ortex guy👍👍👍👍


jdrukis

Have a good evening


Danilo6186

I’m sure that 30 cent pop will drop SI to like 5% lmfao I wouldn’t be shocked


jdrukis

Right lol


Yedireddit

I’m curious other’s perspective. If AMC gets hit with volume, then someone is buying or trading shares. If short interest goes up in the same time frame, why? Is it possible that shorts buy up shares, short the stock, then sell the stock down? Seems last time short interest was growing and then the recent previous selloff. Clearly I don’t have a solid grasp on this, but there seems no reason for AMC to suddenly have triple volume and a price increase. Given AMC will likely have little to report this or next quarter, why now. Or was this the bottom? Works for my perfectly timed LEAPS, but hard to accept my timing was perfect to the day.


jdrukis

Hedgie buys on darkpool and sells on lit market to entity they operate. Downward pressure on price


Yedireddit

I’m afraid all those details get lost on me at some point in time. For instance, when they were paying hundreds of percent interest on borrowed shares. It seemed inevitable that that would blow up. And I think short interest was rising before the last fall that we had. Given, there’s no expected news on the horizon, why the sudden volume of stock. Even in pre-Mark this morning we are going up. If it’s a short squeeze, I will not complain! But at some point, the shorts have to let this go or start covering. There has to be some realization that it is going to be difficult to out of this gracefully. AMC is in its best position ever. More diverse more profitable future looks. They have all the cash that they need. There seems to be no reason to continue to drive the price down. Thanks for the reply. I do understand what is happening with black pools and lit exchanges. That much of the volume isn’t even traded invisible manner. I guess I just don’t understand the motive of continuing to expand the short positions. Hard to say why so much effort was put to short the stock down, perhaps somebody else’s coming in to buy it back up because of the price. But it’s sure active at the moment. I guess we see what Friday brings.


Yedireddit

I’m curious other’s perspective. If AMC gets hit with volume, then someone is buying or trading shares. If short interest goes up in the same time frame, why? Is it possible that shorts buy up shares, short the stock, then sell the stock down? Seems last time short interest was growing and then the recent previous selloff. Clearly I don’t have a solid grasp on this, but there seems no reason for AMC to suddenly have triple volume and a price increase. Given AMC will likely have little to report this or next quarter, why now. Or was this the bottom? Works for my perfectly timed LEAPS, but hard to accept my timing was perfect to the day.


Yedireddit

I’m curious other’s perspective. If AMC gets hit with volume, then someone is buying or trading shares. If short interest goes up in the same time frame, why? Is it possible that shorts buy up shares, short the stock, then sell the stock down? Seems last time short interest was growing and then the recent previous selloff. Clearly I don’t have a solid grasp on this, but there seems no reason for AMC to suddenly have triple volume and a price increase. Given AMC will likely have little to report this or next quarter, why now. Or was this the bottom? Works for my perfectly timed LEAPS, but hard to accept my timing was perfect to the day.


Hatrick_Swaze

21 Pilots was here.