Focus from shorters.As previously stated shorting started when...

Focus from shorters.

As previously stated shorting started when Lachlans sudden resignation was announced. The non holders emerged posting negative comments coupled with the shorters emerging to add to the sell side and drive the price down.

It's not hard to convince those who believe others know more than them and follow what others are doing that it is time to sell.

Focus from Shareholders.

Whilst you are right in saying the short positions are only a small % of the free float it's important to look at it in relation to the much smaller part of the float that isn't tightly held.

As previously stated Game stop had 1.4 times its shares on issue shorted when the short squeeze was applied but that was less than one days traded volume. Didn't that drive down the share price but didn't it also end badly for the shorters.

Focusing on the total number rather than how it relates to the volumes being traded gives a false impression

A similar situation to charting share price movements in a thinly traded stock where someone can sell 700 shares worth $21 and knock 15 % of the market cap.