you said it yourself. GE want to sell shares, so any squeeze is out of the window. Simply not possible.
But even if you think they buy shares to cover, they also short more at the same time.
They run the show.
Look at the news, it is always about shares, offering, reverse split and all kind of poop.
Do they actually transport or haul anything in their ships that they claimed to have bought and we didn't see yet.
I kept 250 shares after split in case I am wrong. 40$ and I break even.
Won't change my mind. DRYS is A POS.