Not really all that surprising. A little stupid because they could have sold on the ask by stair stepping it up but who knows where they bought in and how long they have been holding.
CSTI came in to help the MMs. Naked shorting and made the spread way wide. Nite was sitting at $1. Classic one of many advantages and play MM's have. Yes, this happens all the time. There are no shares out there. We know that. Just have to deal with this BS for a bit.