Yes, and in my mind anyway, to cover, they'd have to come up with actual shares. That will be easier to do when the exchange shares start trading, but in the interim, there will be a lot of pressure to keep this thing down while the same shares are transacted over and over, in order to cover. So far, as indicated in your post, only a tiny fraction have been able to cover so far. All I have to say is, "come on squeeze." It wouldn't upset me in the least to see some shorts get burnt. But reality is that these guys are in the big leagues so they have the infamous system on their side.
