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Where the tokens are
| Settlement | Shares short | Average daily volume | Days to cover |
|---|---|---|---|
| Sep 15, 2026 | 10.31M | 3.11M | 3.31 |
| Aug 31, 2026 | 10.76M | 2.74M | 3.93 |
| Aug 14, 2026 | 9.72M | 3.86M | 2.52 |
| Jul 31, 2026 | 9.76M | 2.33M | 4.19 |
| Jul 15, 2026 | 13.96M | 2.7M | 5.17 |
| Jun 30, 2026 | 13.81M | 3.31M | 4.17 |
| Jun 15, 2026 | 14.74M | 2.83M | 5.21 |
| May 29, 2026 | 15.11M | 3.16M | 4.78 |
| May 15, 2026 | 14.86M | 2.92M | 5.09 |
| Apr 30, 2026 | 14.41M | 3.92M | 3.68 |
| Apr 15, 2026 | 14.86M | 2.38M | 6.24 |
| Mar 31, 2026 | 15.71M | 2.74M | 5.74 |
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 Etsy 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.