Back on the 15th, gwr posted that the short position in ECU had increased over 600,000 shares from the previous month and stood at roughly 890,000. If these shorts are legitimate, meaning that they've been borrowed and have to be payed back, then we have a cushion out there somewhere.

Used to be that was a good sign and encouraged a lot of buying hoping to force covering and a price increase, since those shares had to be bought back and replaced. Not so sure anymore, especially with this naked stuff and other shenanigans.

An then again, perhaps 890,000 shares short is considered small potatoes nowadays.