The most recent short interest is < 1% of the OS. IMHO

The most recent short interest is < 1% of the OS. IMHO interpreting short volume as actual short sales is misleading. Please check out these two posts for some detailed explanations.

https://investorshangout.com/post/view?id=4630190

https://investorshangout.com/post/view?id=4670279

The official short interest and failure-to-deliver data can be seen here.

Settlement Date: 9/15/2017
Current Short: 1,214,089
Previous Short: 1,220,108
Change: -6,019 (-0.49%)
Average Daily Volume: 215,861
Days to Cover: 5.62

0.92% of the outstanding shares were short.

http://otce.finra.org/ESI

According to the SEC, only 11,557 shares (0.009% of the OS) were failure-to-deliver as of August 31.

20170831|45782D100|IPIX|11557|INNOVATION PHARMACEU|0.70

https://www.sec.gov/data/foiadocsfailsdatahtm