Per nasdaq.com, MNKD short interest rose from 28.837 M shares to 32.939 M shares, or 16.6%, between 7-15-22 and 7-29-22. During the same period, its price fell from $3.96 to $3.45, or 12.9%. So, MNKD's short interest went up nicely, and its price fell in the second half of July. Today's price is over $4.00, and so all of that additional late July shorting (over 4 M shares) is no longer affecting MNKD's current price. JMHO.
P.S. MNKD short interest on 6-30-22 was 27.225 M shares, and so, July's
total increase in MNKD's short interest was about 5.7 M shares, or