PLS chart, page-23215

Yep. The screenshot in a post from @Trademoreper shows that 13.78% of LRS is (or at least was) held by individual Top20 shareholders.
Assuming they didn't sell, to say 80% is held by PLS-shorters means that only 6.22% is held by retail and other institutionals (some of them listed in the same screenshot).

Doesn't seem likely to me.

I didn't follow the LRS threads but to assume that nearly all LRS retail sold and that PLS-shorters managed to get nearly 100% of non Top20 holdings, and all that without significant substantial holders announcements (yeah, they could hide the real position size... but so could PLS have done, same argument) and all that without the necessary trading volume...... I don't think thats plausible.

I think it's more plausible that shorters managed to cover maybe 30-40m PLS shares by going long on LRS. If they didn't have previous (insider) knowledge, they wouldn't even have made a lot of profit by now. They just can avoid to drive PLS shareprice up by that amount of shares.

And I think it's more plausible that they are still trapped by their oversized PLS short position and are starting to sweat a lot.