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Where the tokens are
| Settlement | Shares short | Average daily volume | Days to cover |
|---|---|---|---|
| Sep 15, 2026 | 2.34M | 286.08K | 8.18 |
| Aug 31, 2026 | 2.37M | 358.91K | 6.59 |
| Aug 14, 2026 | 2.36M | 453.24K | 5.21 |
| Jul 31, 2026 | 2.52M | 457.23K | 5.52 |
| Jul 15, 2026 | 2.71M | 325.46K | 8.34 |
| Jun 30, 2026 | 2.62M | 414.06K | 6.32 |
| Jun 15, 2026 | 2.6M | 375.56K | 6.93 |
| May 29, 2026 | 2.73M | 375.35K | 7.27 |
| May 15, 2026 | 2.72M | 303.94K | 8.95 |
| Apr 30, 2026 | 2.51M | 392.86K | 6.40 |
| Apr 15, 2026 | 2.33M | 294.74K | 7.90 |
| Mar 31, 2026 | 2.22M | 398.85K | 5.57 |
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 AppFolio 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.