If you have not done research into company and are only looking...

60.792 M 1 may 2024 105.608M 8 august I agree with your WOW. Math still needs work.
The key is why are shorters which have shorted 11.3% of shares so convinced the stock is going down, that they are accepting the costs and risks of shorting. Have you even thought about that? Not saying you should agree with them but not to at least understand their view is leaving you vulnerable if they happen to be correct.

JMO it is falling EPS with little chance it will reverse in next 6 months. In fact here is a quick history 2022 AR PG 66 AUD 0.60. 2023 PG 57 $0.34
2024 SAR PG 17 $0.043 Times 2 for half year = $0.86 My guess on 2024 AR $0.12 to $0.14. I may be wrong saying this is it but most companies with EPS falling like this with no reason it will recover shortly would have fallen much more than this. EPS of 0.12 with a SP of $6.16 how does that sound reasonable to you? 6.16 / .12 = PE of 51 For reference to day the PE of ASX is 21.48 This is close to the high set in 2020. Most ASX stocks pay dividends which Lynas does not. Dividends raise a companies PE. Here is a Link showing PE on ASX back to 1995 What do you think the chance of Lynas going up is after AR? Gong down? JMO about 10% on up side 90% on down and I give facts that can be checked with my logic.
best to DYOR
https://worldperatio.com/area/australia/

If you have not done research into company and are only looking at shorts you may regret it. Remember the shorters believe the stock is going down and are willing to pay fees and except big loses if it goes up. DYOR and decide for yourself what might happen not look at something as week as shorts.

If you buy because large shorting may be making stock go down and shorters are correct what happens to your investment? Rember shorters do not short to hurt the company! they do it because they think they will make money when it goes down. TMM PE for ASX is about 21. TMM PE for Lynas today 28. It will be about 50 after AR comes out. Do some research into what the PE means. Do not buy or sell because I or anybody else says so. DYOR

Last comment the economy is showing more signs of stress. If economy slows companies with high PEs fall faster. Companies with low PEs do not fall as much.