Ok, let entertain that idea of yours..
Now 3 days shorted volume:
Mar 23 0.0107 0.0121 0.0095 8,835,396 5,809,989 65.76%
Mar 22 0.0119 0.0119 0.0076 5,222,150 2,378,853 45.55%
Mar 21 0.0091 0.0095 0.0075 11,975,145 4,332,929 36.18%
Of course we know that some trades, shares are gotten at .011 and sold for .0112 that won't count. I am just not going to count those and says all shares sold by MM are shown as shorted for the day. The difference is the shares they got from retailers.
If the next 2 trading sessions have shorted volume show of over 50%. Will that means they have shorted volume going forward on their book?
Say Monday, Tues, Wed, Thurs, Fri of next week all at 65% (at relatively same volume), won't the short position be accumulated on MMs' book and is primed for short squeeze?