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Where the tokens are
Trade CRCL perps| Settlement | Shares short | Average daily volume | Days to cover |
|---|---|---|---|
| Sep 15, 2026 | 22.04M | 14.21M | 1.55 |
| Aug 31, 2026 | 20.6M | 17.28M | 1.19 |
| Aug 14, 2026 | 24.44M | 12.35M | 1.98 |
| Jul 31, 2026 | 24.41M | 10.55M | 2.31 |
| Jul 15, 2026 | 27.1M | 16.02M | 1.69 |
| Jun 30, 2026 | 21.87M | 13.71M | 1.60 |
| Jun 15, 2026 | 22.29M | 13.77M | 1.62 |
| May 29, 2026 | 15.35M | 12.41M | 1.24 |
| May 15, 2026 | 18.09M | 23.92M | 1.00 |
| Apr 30, 2026 | 22.79M | 9.93M | 2.29 |
| Apr 15, 2026 | 25.3M | 11.94M | 2.12 |
| Mar 31, 2026 | 22.59M | 21.11M | 1.07 |
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 Circle 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.