That is your rationalization for why it would appear that none of the shares sold since this last big push started in early August have been delivered?
Is that your final answer or did you want to re-read and rethink that post.
Remember, Reg Sho means a minimum of 7.5 mm shares not delivered. It does not mean shorted. There is a HUGE difference. The entire volume since the beginning of the year is less than a mil or two more shares than the minimum for ETGG to be Reg SHO listed.
If that fact alone doesn't send shivers up your spine, then you may not be paying attention.