Could SBFM squeeze? They had a 10:1 split today and borrowing costs 1100%+

They had a 10:1 split today, and released some good news. Despite that I see a massive short position on 2.75$ on the level 2 data (24,000 shares which sent the price down).

The float pre-split was 4.9M, so after split it should be 490K share float.

One thing I've noticed is the utilization, it was 100% pre-split, but now IB shows 0%, which is a bit weird.

But, my guess is this thing possibly will squeeze in the coming days if not today.