Lots and lots of profits to take, maybe they will take some.
Shorts sell, buy, sell, buy, sell, buy all day long. The same shares borrowed are used continuously.
Almost 20 million shares traded today.Ill bet most of them covered today.
The new buyers separate from the shorts are going to come in in force as this is an extraordinary immediate reflation play. The shorts who haven't covered will be competing for shares in the am.