No. it is not the outstanding shorts figure.
From the ASX report entitled.
Daily Gross Short Sales reported for 24-Mar-2021, ASX Limited (ASX) & Chi-X Australia (CHI-X)
https://www.asx.com.au/data/shortsell.txt
The same report for 22 March showed 3157599 shares short sold.
The ASX securities disclosure report for 22 March showed 19.36 mill shares in total, had been borrowed for shorting.
General comments/chat, page-17817
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