Unfortunately for longs, this percentage of shares sold short is the norm amongst the entire market right now, and will probably remain so for the next couple quarters - or more. Input almost any company you'd like and you'll get similar numbers.  This general bear market and the impending "don't call it a recession! - Recession" are what shorts dreams are made of.   I certainly don't care for it, and would much rather see a bunch of long-accumulation right now, but I take a bit of solace in the fact POET doesn't seem to be an outlier, or under specific attack.