Valid point. People in WSB are tracking shorts. Haven’t heard them call for bailing. Could be they just want to beat up the boomers.
Here is a discussion on why they think it will go up. https://www.reddit.com/r/wallstreetbets/comments/l4tu4r/why_...
Dunno how they're doing it.
Thinking aloud, it's not the easiest thing to calculate. You can can short a stock and acquire it right after without closing the two net-zero positions. Why? To mess with short interest calculations. You do lose trading fees and spreads whenever you do it.
Then you have all of the options going around.
VW’s squeeze was different as it turned out their parent was holding almost all the shares. There was only one seller left.