48 million shares shorted...$2.3 Billion
https://www.marketbeat.com/stocks/NASDAQ/CSCO/short-interest/
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Among the Risks listed in the Cisco 10-K "The market is very competitive" and "We have made and expect to continue to make acquisitions that could disrupt our operations and harm our operating results." It's amazing that these guys are still employed.
https://seekingalpha.com/filing/5374451#CSCO-20210123_HTM_I2C74558C711343AB8522D891E1FDA698_145