Impact of short selling?

Is short selling keeping a lid on SXY SP?

daily imfo. @ https://www.asx.com.au/data/shortsell.txt

April 17th - extract for SXY


ASX Company Name   Product/   Reported Gross Issued   % of issued capital
Code   Class Short Sales (a) Capital (b) reported as short
ASX + CHI-X sold  (a)/(b)
SXY SENEX ENERGY LIMITED   FPO   959,001    1,447,271,094  

  .06

Surely they are playing with fire & likely to get burnt? ​