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Where the tokens are
| Settlement | Shares short | Average daily volume | Days to cover |
|---|---|---|---|
| Sep 15, 2026 | 9.98M | 1.38M | 7.26 |
| Aug 31, 2026 | 9.36M | 1.22M | 7.69 |
| Aug 14, 2026 | 9.39M | 1.41M | 6.66 |
| Jul 31, 2026 | 10.25M | 2.13M | 4.80 |
| Jul 15, 2026 | 10.51M | 1.63M | 6.45 |
| Jun 30, 2026 | 10.58M | 2.2M | 4.82 |
| Jun 15, 2026 | 10.56M | 2.23M | 4.74 |
| May 29, 2026 | 11.4M | 1.24M | 9.22 |
| May 15, 2026 | 11.04M | 1.28M | 8.65 |
| Apr 30, 2026 | 11.36M | 1.61M | 7.05 |
| Apr 15, 2026 | 11.97M | 1.22M | 9.79 |
| Mar 31, 2026 | 11.44M | 1.73M | 6.61 |
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 Incyte 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.