As noted in the last few reports the current shares prices is within the shorters profit range, so they are in a phase of buying back (decreasing) their short position. Since the beginning of 2022, they have reduced their short position 74% of the time. The latest consolidated short report shows that they have bought back 307636 shares during the last two weeks and they still only have 277485 shorts to cover.

The last time they reduced their short position to these levels was in September 2020, at that time the shares were trading at around $.40. Back then, increased buying pressure by the market caused the share price to climb to above $1.5 by February 2021, despite the shorters increasing their short position during that period.