High short interests make a lot of sense right now, you have a shitty company with a market cap above 50% of the S and P 500 trading at multiples higher than IP rich tech companies like Apple. The stock is overvalued many times over regardless of whether you use sentiment or NPV’s. The more overpriced a stock becomes the more bears will join the marketplace, that’s inevitable. Most hedge funds take losses once the price goes about 30% over their position, most early bears definitely went above this but there is little chance they are still holding. That means that these new shorts are likely to have set prices in the $250 plus range, where the potential returns are astronomical and the little guys trying to stick it to the man are likely to foot the vast majority of the Bill whilst making the man and a small number of early buyers a shit load of money