Part 3/8:
One of the main points of contention is AMC's market capitalization, which is reportedly three times smaller than Cinemark's, despite indications that institutional ownership of AMC shares sits at 43%. This reveals a notable gap in market perception, suggesting that AMC's actual valuation might be higher and pointing to a potential undervaluation within the market.
Short Selling and the Data Behind It
The discussion shifts as we probe into short selling, where a staggering 46.2 million shares of AMC have been sold short. The total short interests reach approximately 144.5 million, indicating significant bearish sentiment amongst traders. However, recent data indicates a reduction in shares sold short, which hints at potential re-buying activities.