According to Ortex data, today (13 september) AMC short interest back over 20% as the market looks like it’s gearing up for another potential big leg up. This article is NOT financial advice. Do your own research always.

AMC Short Interest Back Over 20% is the highest all year

At the time of writing the AMC short interest was 20.41%, which is the highest level it’s been at all year. Partly this is because of the updated data from Ortex which appears to show that there was around a 10M share difference between its previous estimates versus the reported data from September 10.

Hot on the heels of the stock retaking the $50 mark for the first time since July 2 last friday, this does look like great news for an incoming Gamma Squeeze, with continued long OTM calls right up to $145 expiring this week.

ORTEX data accounts for around 85% of all the reported data from exchanges. This does seem to suggest that everything is looking good, and you can pretty much feel the excitement that’s happening, as the stock continues to trend upwards over the last couple of weeks.