If that information were enough to make money, everyone would be very wealthy by now. The view from a single indicator is one-dimensional. It should be understood in three dimensions by looking at multiple indicators.
Rather, let's look at the decline rate against that Volume. And how is the Buy and Sell trend?
Since there hasn't been much of a decline, it is thought that the Short Interest will not be cleared for a while. However, it will soon become unbearable, and the stock price will surge. If additional purchases are made now, significant price increases can be expected from this point. Conversely, if there is a rush to take profits, it will decline like other stocks in that area. The Short Interest will be properly cleared, and the stock price will stabilize.
Given the company's situation, there is quite a lot of expectation, so if the current stock price range can be maintained, a burnout of Short Sell can be anticipated. The probability is quite high. If it can be maintained to some extent, losses will start among Short Sell investors, which will accelerate the rise in stock prices.