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$AMC Entertainment (AMC.US)$ could someone explain it please...

$AMC Entertainment (AMC.US)$ could someone explain it please, i see 7M shares available to be shorted, meaning more shares have been returned? double of yesterday, if shares have been returned, HFs buying shares to cover their shorts, why is the price dropping in such a scenario?
not trying to spread FUD, just wanted to be educated on this
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