Hedge funds don't need to conspire for short interest to go over 100%. If a business is widely considered a viable short target, it usually just happens through

Hedge funds don't need to conspire for short interest to go over 100%. If a business is widely considered a viable short target, it usually just happens through regular market mechanics. Everyone wants to borrow it to sell it short, and they may end up borrowing it from someone who already bought it from a short seller.