I'm sure that your intentions are to offer some insightful information but I and I am sure as well as other readers are trying to decipher the information you have provided. (your chart could use some headings just to provide some clarity).
You say the shorts have gone up to 1.66 million...from where? What has the short history been on PTK?
If the short position is in fact 1.66 million shares, you do realize that this represents approximately 1% of the float don't you?
Do you feel that a 1% short position of the float represents a meaningful short position?
I feel that your headline is unnecessary sensationalism prior to markets opening tomorrow!