Media is the Second Most Shorted Industry

Variety

Heavily shorted stocks were thrust into the spotlight earlier this year after the GameStop saga took the market by storm. Retail investors on Reddit flocked to names like GameStop to squeeze short sellers, and after targeting GameStop, they moved onto media names like movie theater chain AMC Entertainment. So how does the media industry stack up against the rest of the market when it comes to short interest? Variety Intelligence Platform Media Analyst & Correspondent Heidi Chung reveals which media stocks are the most heavily shorted and why.