If you look at the shorts as % of total volume last few days were like 30% thats huge, and likely them. I'm not sure when they started shorting, but doubt it was much earlier than the start of july. I think they have got a pretty low average price (in the mid 80s at best). If they are rally hoping to make decent stack from that point, god that seems too risky.
IMO DYOR etc
J-Capital Short Report, page-11
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| Open | High | Low | Value | Volume |
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