34% of the float is SHORT. This is exceedingly high. Shorts are powerful operators. This is going lower.
More than 800,000, NEW shorts added to a previous month's level, is strong evidence these players see a large correction ahead. Traders and professionals, which is what SHORTs are by definition are the sharpest traders in the stock market arena.
Some of the happy dancers here, like ruby and viper will disagree, but just be aware, shorts rarely lose the bigger bets.