Good questions blue dog. The way I understand it they have to cover shorts within 3 days, same time you have before a sold stock is considered "settled".
In this case, they started shorting a long time ago and they have never done the final "cover", but instead they continue to renew the shorts, hoping to catch up one day. So this isn't necessarily new shorts, it could be in part, old shorts that keep getting renewed and carried forward every 3 days...or whatever it is.
Dee
"It's not your thinking that makes you money, it's your sitting." - Jesse Livermore