Riddle me this Batman: what are some of the worst stocks to own in the media business?

That would be none other than movie theater stocks, which Wall Street is flat out hating on right now due to the popularity of streaming services such as Netflix (NFLX) . Short interest in Regal Entertainment Group (RGC) , operator of more than 7,300 screens across 566 theaters, rose to 28.8% of shares outstanding as of Sept. 15 from 25.3% two weeks earlier according to Bloomberg data. In the previous two years, the short interest ratio on Regal ranged from a low of 15.7% to the present day 28.8%. Shares have crashed about 25% over the last year.  

A high short interest ratio indicates investors think a stock will decline in value.

The data is equally as ugly at Regal rival AMC Entertainment (AMC) . Short interest in the operator of more than 11,000 screens across 1,027 theaters sat at 38.9% on Sept. 15, according to Bloomberg data, up from 32.6% in the two weeks prior. AMC has seen its short interest ratio range from 1.5% to 38.9% during the last two years. 

A seemingly endless movie library via Netflix: $8.99 a month. One movie ticket: $15 (if not more). Wall Street might be on the right side of this trade. 

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