Broker data, page-22

Total open shorts as at 11 July 2016: 3.8% or 4.3m, reduced by 550k.
I expected more shorts have been closed over last two days as price have been pushed down. It would not take long to cover if they were all close within days, but some just remain open, probably only when price soaring would trigger them to close shorts.

If you look at ASX announcement from BoA, they had been shorting and latest broker data show BoA using at least two accounts to sell down.

When you shorting and have few millions shares, what would you do? Try to sell Minimum shares at Loss (BoA average cost was 93c) to Push down share price, then Buy back at Low to profit in both ways! Is my guessing logic?