AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading lower by 9.31% to $5.51 amid continued volatility in high-short interest stocks. The stock is pulling back, potentially amid profit-taking and in sympathy with other high-short interest stocks, after trading higher by some 50% over the trailing 5 sessions.
According to data from Benzinga Pro, AMC stock has a total share float of 515.718 million, of which 113.440 million shares are sold short, representing 22.00% of shares sold short.
AMC stock last week saw marked volatility amid a short squeeze in Bed Bath & Beyond shares.
Bed Bath & Beyond announced last week that it will be closing more stores in 2023 as part of a restructuring process to save money. The company also said that it will consider filing for bankruptcy protection…Read More
AMC has a 52-week high of $34.33 and a 52-week low of $3.77.
