The short position to close out 2011 was 19.9 million shares. It's up ~50% since then. Most of the shorts are probably NOT green now. Shank - "As far as shorts are concerned, they've been around sine the PPS was in the $4-5 range. Most of them are probably very green now." Also, since the price is up over 20% in the last 12 months, you need to add those who "buy-and-hold" to your list below. Shank - "The only people making money here are the traders and the short-sellers."