Well let’s put aside the fact that MIKP CANNOT be shorted as a trip zero grey market stock and has no short interest nor FTD’s.
In the instance you are referencing, the broker BTIG failed to appropriately mark its Hedge fund client’s trades…which, BTW were ALL Exchange traded stocks (not an OTC stock in the mix).
This happened over a 6 month period and the resulting FTD’s is what gave the game away. Again it cannot be hidden…regardless of how BTIG marked the trade, and inevitably they got caught because of that.
So there is no short position in MIKP and certainly no naked short position.
It is complicated stuff, but understanding it can avoid getting led astray by BS posted to the internet by nefarious actors.