98.66% SHORT INTEREST in IWM!

According to Big Chart there is a 98.66% Short interest in IWM.

I am a freshman. Would be interested in in experienced traders take on nearly every share being borrowed for short sales...

Cheer from Osaka,
john
 
A lot of it is hedging long positions in another index or basket of stocks...by institutions/hedge funds, e.g., Long SPY/Short IWM.
 
Quote from giggollo:

massive short squeeze coming!!

not yet, charts point at higher prices still...look at the previous substantial rally, mkt made another 3thick green bar before consolidatin'. more room to go.
 
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