short sellers keep buying back

Short selling position on RIV keeps falling in last 5 days, from 1,600,966 on 21/6 to 1,184,959 on 26/6. They just got burned.

RIV looks holding well above previous record high $11.25, and large buyers keep accumulating.

All the short sellers will finally buy back with a loss. I think there will be no chance for them to escape.

Cheers