AMC Entertainment Holdings, Inc. (NYSE:AMC) Sees Significant Decrease in Short Interest

AMC Entertainment Holdings, Inc. (NYSE:AMC) was the recipient of a large drop in short interest during the month of March. As of March 31st, there was short interest totaling 88,880,424 shares, a drop of 24.7% from the March 15th total of 118,075,647 shares. Based on an average daily trading volume, of 24,333,832 shares, the short-interest ratio is currently 3.7 days. Approximately 16.9% of the shares of the company are sold short.

Institutional Investors Weigh In On AMC Entertainment

Several institutional investors have recently made changes to their positions in the stock. Wealthfront Advisers LLC boosted its position in shares of AMC Entertainment by 7.6% during the 3rd quarter. Wealthfront Advisers LLC now owns 81,455 shares of the company’s stock worth $236,000 after purchasing an additional 5,763 shares in the last quarter. Swiss Life Asset Management Ltd boosted its position in shares of AMC Entertainment by 59.5% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 17,512 shares of the company’s stock worth $51,000 after purchasing an additional 6,536 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of AMC Entertainment by 14.3% during the 3rd quarter. Victory Capital Management Inc. now owns 58,710 shares of the company’s stock worth $170,000 after purchasing an additional 7,339 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of AMC Entertainment by 761.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 8,480 shares of the company’s stock worth $25,000 after purchasing an additional 7,496 shares in the last quarter. Finally, Optimize Financial Inc boosted its position in shares of AMC Entertainment by 1.5% during the 4th quarter. Optimize Financial Inc now owns 543,906 shares of the company’s stock worth $848,000 after purchasing an additional 7,824 shares in the last quarter. 28.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on AMC. Roth Mkm lowered their price objective on shares of AMC Entertainment from $2.00 to $1.50 and set a “neutral” rating on the stock in a research report on Wednesday, February 25th. Macquarie Infrastructure lowered their price objective on shares of AMC Entertainment from $3.00 to $2.00 and set a “neutral” rating on the stock in a research report on Thursday, January 15th. Citigroup lowered their price objective on shares of AMC Entertainment from $1.30 to $1.10 and set a “sell” rating on the stock in a research report on Wednesday, February 25th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of AMC Entertainment in a research report on Wednesday, January 21st. One analyst has rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, AMC Entertainment currently has an average rating of “Reduce” and an average price target of $2.32.

Trending Headlines about AMC Entertainment

Here are the key news stories impacting AMC Entertainment this week:

• Positive Sentiment: AMC raised prices for its AMC Stubs A?List subscription, which could lift average revenue per user if churn is limited. AMC Stubs A-List Is Getting More Expensive – Here’s How Much AMC Stubs A-List Just Got More Expensive
• Positive Sentiment: AMC Global Media struck a programmatic distribution deal with Magnite, making AMC’s linear and streaming inventory easier for advertisers to buy — a potential new ad revenue channel. AMC Global Media’s Unified Streaming and Linear Programmatic Buying Capabilities Now Available Through Magnite
• Positive Sentiment: Unusually large call?option volume was reported, indicating speculative bullish positioning that can amplify upside momentum in the equity. (Market options flow reported 92,240 calls traded.)
• Neutral Sentiment: Media and retail?investor attention is elevated (Zacks and Yahoo pieces note heavy search/interest), which can increase volatility and trading volume but is not a fundamental catalyst by itself. Investors Heavily Search AMC Entertainment Holdings, Inc. (AMC): Here is What You Need to Know
• Negative Sentiment: Multiple law firms have filed or publicized class?action notices alleging securities claims related to AMC’s past handling of APEs and disclosures; these legal actions create potential litigation costs, distraction, and regulatory risk. Bronstein, Gewirtz & Grossman LLC Urges AMC Investors to Act Pomerantz Investor Alert on AMC

AMC Entertainment Stock Up 8.1%

NYSE:AMC traded up $0.13 during midday trading on Wednesday, reaching $1.67. The stock had a trading volume of 39,848,874 shares, compared to its average volume of 36,124,328. The stock has a market cap of $881.70 million, a P/E ratio of -1.27 and a beta of 1.80. AMC Entertainment has a 12-month low of $0.93 and a 12-month high of $4.08. The firm has a fifty day simple moving average of $1.18 and a two-hundred day simple moving average of $1.82.

AMC Entertainment (NYSE:AMC) last issued its earnings results on Saturday, January 31st. The company reported ($0.24) EPS for the quarter. The business had revenue of $1.29 billion for the quarter. On average, sell-side analysts anticipate that AMC Entertainment will post -1.38 earnings per share for the current fiscal year.

AMC Entertainment Company Profile

AMC Entertainment Holdings, Inc operates as a leading movie exhibition company, specializing in the presentation of theatrical motion pictures across a network of multiplex cinemas. The company’s core business activities encompass ticket sales, concession and refreshment services, and the licensing of premium viewing formats. AMC offers a variety of auditorium experiences, including IMAX®, Dolby Cinema™, and Cinemark’s RealD 3D systems, designed to enhance audience engagement through superior sound, visual clarity, and seating comfort.

Originally founded in 1920 with its first theatre in Kansas City, AMC has evolved into one of the largest theater chains in the world.