There’s hardly any short position. Unless you count the goofy invisible short theory. Penny stocks are chock full of whacky conspiracy theories. Like shorts that never cover apparently, they just never take a profit so they can keep some amazing disruptive technology from saving the world. Like Boris and Natasha trying to get squirrel.
When you short something in the dollars and it gets to the pennies you cover. I don’t think anyone is stupid enough to not cover. The shorts left the building long ago.
Definition of stupid: Knowing the truth, seeing evidence of the truth, but still believing the lie.