According to their website, Short Round has lost both it's bassist and it's drummer. Vocalist Jason Thinh is currently searching for a new drummer. Here's the whole story:

Ahoy folks, some major news in Short Round land. We've been a bit dormant for awhile, and basically its because James, Nate and I don't play together! […] James and Nate are now off doing their own band Push To Talk. So right now, I'm in the position where i need to find a new drummer as I have a bassist in mind.

Short Round will still be around, just with a different lineup. James, Nate and I are all still good friends [but] we couldn't make the time to keep it going with each other. So it'll be awhile until you see another Short Round show.