AMC’s short borrow fee is rising again and short sellers are now paying more to short AMC stock.
This is the fee short sellers pay to borrow and short the stock.
It fell as low as 0.30% earlier this year but has now risen to 5.0%.
Although the short borrow fee is still relatively low, the progression could lead to more impactful losses.
Last year hedge funds lost billions betting against the world’s largest movie theatre chain.$AMC Entertainment(AMC)$
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