WDIAM, The reason why they do not cover at $0.0001 is hard to figure out. They may be covering as "scared" longs exit. But there is no way to tell by the daily short volume number. We know that when the daily short volume number is >50% of the total, shorts interest is increasing. But we do not know if they are covering all the daily shorts when it is <50%. I do believe they are not digging a deeper hole the past 3 days like they have in the past.
Time will tell.
Tic Toc
Please research all stocks before investing. My post are my opinions and are not buy or sell recommendations. Always force market makers to cover their shorts above what you paid. Build wealth for fellow iHub'ers!