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2021-05-18

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Gamestop, AMC short sellers sit on nearly $1 billion loss - Ortex

LONDON, May 18 - Investors are estimated to have lost $930 million on their short positions in meme stocks GameStop and AMC Entertainment over the last five trading days, data from financial analytics firm Ortex showed on Tuesday.Shares in GameStop, which was at the heart of the so-called "stonks" retail trading mania earlier this year, have risen by a third in the last $one$ week, while shares in cinema operator AMC are up 39%.Ortex said short interest in AMC is currently estimated to be 18.3%

Gamestop, AMC short sellers sit on nearly $1 billion loss - Ortex

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Gamestop, AMC short sellers sit on nearly $1 billion loss - Ortex

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