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Where the tokens are
| Settlement | Shares short | Average daily volume | Days to cover |
|---|---|---|---|
| Sep 15, 2026 | 94.44M | 21.11M | 4.47 |
| Aug 31, 2026 | 97.74M | 28.17M | 3.47 |
| Aug 14, 2026 | 92M | 52.06M | 1.77 |
| Jul 31, 2026 | 89.92M | 37.15M | 2.42 |
| Jul 15, 2026 | 95.1M | 27.56M | 3.45 |
| Jun 30, 2026 | 108.48M | 42.31M | 2.56 |
| Jun 15, 2026 | 123.33M | 48.89M | 2.52 |
| May 29, 2026 | 92.08M | 60.75M | 1.52 |
| May 15, 2026 | 107.09M | 48.55M | 2.21 |
| Apr 30, 2026 | 97.41M | 24.66M | 3.95 |
| Apr 15, 2026 | 91.87M | 23.54M | 3.90 |
| Mar 31, 2026 | 98.66M | 28.75M | 3.43 |
The share of each day’s reported trading that was a short sale. This is not short interest: most of it is market makers selling short to fill buy orders and buying back within the day, so a ratio of 30–50% is ordinary for a heavily traded stock and says little about how many shares are held short overnight.
Figures describe Archer Aviation shares, not any token. As of Sep 15, 2026, from exchange short-interest reports and FINRA short-sale volume, via Massive. Short sellers borrow and sell the shares themselves; token holders are not lending theirs.