shorts, page-681

Most of that isn't 'short-selling' in the traditional sense, I believe. Rather it is stock lent between related entities to fuel bot activity.
After seeing Morgan Stanley take a 5% stake in TPD, and HSBC acquiring >8% since the beginning of the year, you'd have to be naive not to think STX isn't being manipulated.
After all, what 'traditional' short seller would choose to short-sell a stock that, in this period, is transitioning from explorer to producer (a major milestone for any O&G company) and converting a huge amount of resources to 2P reserves.
There was similar suspicious trading in the lead up to the WGO takeover, where major announcements were made but the share price didn't respond.
My gut tells me that whoever is behind it all will show their hand soon. After all they've been cranking their machine as hard as they can, and have struggled to get it below 40 cents. They may decide this is as low as they can get it before making their move.