OTC Equity Short Report is for ALL shorts. Most often on BB's and Pinks they are legal naked shorts...MM's going short to make bona fide market, but they are short lived and covered quickly.
PAIM being unsolicited only that's probably not the case and that 3 million was just a delayed delivery for whatever reason.
if there is a large illegal short position in this then this supposed buyback would force them to cover...
No it wouldn't. Never does. There's only one thing a company can do that might force shorts to cover, and that's to issue a cash dividend. They already did that, and there was no short covering.
Because there's no significant short position to cover.