Unfortunately, the shorts have had plenty of opportunity to cover. There were plenty of fools dumping at a loss so they could put their cash in a coffee can.
Based on this market, there were only too outcomes to expect: A loss, with a subsequent dump to a 30 % lower level, or if they beat the estimates, they would have been suspect of cooking the books. Expect another 1 % per day drop tomorrow. "Investors" will not want to be holding equities over a long term period, such at this weekend.