Despite the recent share price bounce, the percentage of shares...

Despite the recent share price bounce, the percentage of shares shorted has increased to 8.01%!
ORE is now the 19th most heavily shorted company on the asx.
For a company that's decently undervalued according to recent broker reports, it seems a little odd. I guess the recent addition to the asx 200 and the companies comparable 'thin' trading volume has made it an easy target to manipulate.
Looking at how it's trading today shows that the shorting seems to be continuing.

Looking forward to the catalyst that causes these short positions to unwind!