I have never cared enough to try to understand the numbers. Somehow I doubt there is a billion shares short position. Sometimes, the chart action seems suspicious that shorting is occurring, and I think you see that more during the breakouts where volume is higher. I've seen enough painted closes either to the positive or negative to know that their are actors trying to influence the price of the shares. But, I've never taken a serious look at what the numbers mean.
And of course, read alanC's posts for the perspective of short theorists.
The company is working on mailing out a director's circular with the help of Broadridge financial and SRSR's transfer agent. In putting together the list of current shareholders to send a mailing, then I would think they now have a list of all of us and the amount of shares owned.
I'm sure they now know - being near the release and mailing of the DC - if there is an open short interest. I guess I don't know enough about the subject to really weigh in on it, but my question would be what would they do if they discovered a short interest really existed, and then how would that be reconciled, so they could have a vote or spin out the ST shares? And, does anyone have an example where this occurred with another company?
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