I took your advice and looked at the OSTK chart. Are you certain the OSTK trading is the result of the forces you mention? OSTK has reinvented itself as a blockchain company. It's chart the past six months looks very much like BTC and ETH which are two of the larger blockchain currencies.

Here you can see the charts of the ten largest block chain currencies:

https://coinmarketcap.com/coins/

They all have a similar chart to OSTK. OSTK largely rises and falls with the wind that blows all blockchain companies. Whether or not the shorts, naked or legal, are riding that wave up or down I don't know. OSTK is definitely moving with the sector as the driving force though.

I guess I'm not making the connection between IPIX and the OSTK chart.