Here are the short sale stats for the last 4 trading days indicating that whilst the shorters are backing off they were still at it until at least yesterday.
15-Jan 897.8K 41.6%
16-Jan 196.84 23.90%
18-Jan 146.48K 12.97%
19-Jan 269.16K 14.28%
Too early to tell what they've been upto today IMO. Volume is up ATM.
ANZ