There has actually been very limited shorting at the moment.
Column 1
Column 2
Column 3
Column 4
Column 5
Column 6
0
Date
Gross shorts 1
Issued capital
% Capital shorted 2
Trade volume 3
Shorts as % of volume 4
1
Wed 6th Jun, 2018
10,331
77,527,973
0.01%
399,091
2.59%
2
So your argument that the price movement is short based is flawed, the price movement is based on the markets expectation that the growth in share price is not there.
BLA Price at posting:
$2.18 Sentiment: Sell Disclosure: Not Held