The positioned subcommand used for the execute command doesn't work

Problem:

No matter what coordinate you put into the positioned subcommand for an entity, it will always come out to be true.

Example:

Put command into a command block set to repeat, uncondtional, and always active.

/execute as @a if entity @s positioned ~ ~ 1 run say hi

The entity is positioned at 0 0 1 and the command of course runs.

The entity is positioned at 30 65 34 and the command still runs.

The entity is positioned at 40 245 1200 and the command still runs.