There are many ways shorting can and is used in stock market.
Probably less then 10% shorts in global markets are opened in simple way most people on HC imagine.
You can short stock on multiyear lows and still make money despite stock rallying 100%, without ever closing short position. Hence why a lot of Tesla shorts never closed and good portion of them made fortune on Tesla rally.
In other words: Shorting is like a smart phone. And just like a smart phone: shorting isn't used just to place voice calls. There are many other buttons and apps
GXY Price at posting:
99.5¢ Sentiment: None Disclosure: Not Held