https://www.********.au/2019/01/15/traders-are-betting-these-5-heavily-shorted-shares-will-fall/
"Galaxy Resources Limited (ASX: GXY) is another lithium miner with a huge 17% of its stock shorted. Some traders seem pretty much convinced it’s in for a fall."
I guess shorters are waiting for nor so good news to come out so they can short this stock further down to $2.