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Where the tokens are
| Settlement | Shares short | Average daily volume | Days to cover |
|---|---|---|---|
| Sep 15, 2026 | 16.41M | 4.22M | 3.89 |
| Aug 31, 2026 | 17.13M | 3.67M | 4.66 |
| Aug 14, 2026 | 14.27M | 5.51M | 2.59 |
| Jul 31, 2026 | 13.78M | 2.32M | 5.93 |
| Jul 15, 2026 | 14.05M | 2.98M | 4.71 |
| Jun 30, 2026 | 14.3M | 3.56M | 4.02 |
| Jun 15, 2026 | 16.09M | 3.72M | 4.32 |
| May 29, 2026 | 18.02M | 3.56M | 5.06 |
| May 15, 2026 | 17.99M | 5.54M | 3.25 |
| Apr 30, 2026 | 18.07M | 4.05M | 4.46 |
| Apr 15, 2026 | 20.11M | 3.98M | 5.05 |
| Mar 31, 2026 | 17.96M | 3.55M | 5.06 |
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 Dutch Bros 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.