To clarify, Days to Cover is a crude but useful measureAgain, my understanding is that it is Short Interest (shares shorted) divided by average daily volume.
First, 10 day average volume may be very different than 60 day average volume. There was a 4 million share day here in the past 60 days, I believe.
Second, it assumes that 100% of the transactions in the days to cover period are for covering shorts. That is, there are no new longs being established. The only thing likely to cause every short to want to cover is a news event, particularly good news. Well you aren't going to have good news driving the price up without investors other than shorts wanting to establish new long positions, perhaps like most here.
Also, I own my shares in a Roth IRA. I believe you have to short in a margin account. Even in a margin account I don't think most brokers will let individuals short a stock trading for under $5.00. I could be wrong, but I think the shorting was institutions.
Me? I hope we get great news with a ton of shares shorted. We'll see.