Short percentage has dropped considerably, but there are still quite a few who will go down with the ship. O well, they can't say they haven't been warned.
That, my friend, is the sound of 8,476,236 short shares squeeling in pain as the holders of those short positions get squeezed for their investment foibles.
WHAT were they thinking?
Oh, I guess the problem is, they weren't. Fools and their money are soon parted. Over and over it would seem. There is one born every minute, and they just keep making the same mistake.