RE:RE:Shorts are covering That unfortunately is how shorts try to cover lower by driving the price down.
Like many have noticed, the shorts manipulated the share price lower by dumping shares at the end of the day around 3:59 pm in order to have the price close at the low and creating panic selling.
At any given time of the day, short traders borrow shares to drive the price lower and then try to cover them plus however many more shares they have shorted earlier.
If you ask me, short selling should be iligal, as it can drive a price down artificially, but I guess the same can be said on the buy side. Either way, they are covering as they know when rates come down, the stock price will move up.