There are over 20M shares shorted and the percentage has...

There are over 20M shares shorted and the percentage has increased over the last week.

Generally this is good news if the shorting percentage hits 5% of total as buyers will try to make them flee. Until then, I would resist adding more risk to my holdings as you risk getting onto a shorting train.

I suspect shorters are making their final bid to scare holders since July is likely to be met with a barrage of buyers.