There is no other way to interpret what I said, Mastiff. The short interest has declined. However, part of the short position will have rotated from the people running the scheme to new retail shorts. The pro scammers don't just buy/cover from long sellers, they also buy from less sophisticated shorts who come in. They don't care where the shares come from.
The shorts were responsible for the vast majority of volume of the June selloff. They used that churn to reestablish their short position from 8M shares back to 10M.
This week is all them again. The question I don't know the answer to yet is are they using the churn to cover because they believe ADXS is going to strike some deals? Or are they using the churn to increase their position because they don't think ADXS will deliver? We'll see.