Jako, there would have to me a massive cross trade recorded if that were the case (long fund passing to short fund).
I usually wait a day or two to see what happens. If the short position rebounds to the previous levels then I assume that Pedro the Brown Suit at ASIC missed a digit. If not I ring ASIC (they hate me now). I then receive a letter thanking me for my concern but not to worry as they are on top of it and will investigate thoroughly. Hmmmmm.... like HSU?
Off market? No, still has to be a trade recorded. Same for "dark pool" otherwise they would never have reported the shorts in the first place.
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