Believe it or not there is strong evidence that more shorts are being added. Consider a potential attitude that Citadel is going to get away with this blocking

Believe it or not there is strong evidence that more shorts are being added. Consider a potential attitude that Citadel is going to get away with this blocking. I mean, maybe ... just maybe ... they'll get an SEC fine of a few hundred million (while protecting many hedge funds from billions in losses). In a worst case scenario a sacrificial scapegoat or two goes to a minimum security country club or house arrest for 6 months/1 year. But that will take a few months/years to come to pass and public sentiment will be much less hot. So they're probably gonna force the price down to unwind existing shorts. So, since there is a potential that the price will be pushed down due to the above ... doesn't it make sense to open a new short position?