I had no doubt the short position would be higher. With number of warrants being exercised, the warrant holders were most likely paying for the costs of the warrants by shorting the stock, knowing very well they could easily cover IF the short position went against them.
I believe the dip to $1.41 was to smoke out the last of the stop losses, so as to cover the short positions. IMO, the last few days have been utilized to cover the short position.
I doubt you will see a short squeeze since the ones holding the short positions are most likely the same that are/have been exercising the warrants.
Again, nothing to worry about here. Any weakness is a buying opp,,, IMO.
GL.
