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Where the tokens are
| Settlement | Shares short | Average daily volume | Days to cover |
|---|---|---|---|
| Sep 15, 2026 | 62M | 4.63M | 13.39 |
| Aug 31, 2026 | 63.06M | 7.14M | 8.83 |
| Aug 14, 2026 | 67.89M | 8.44M | 8.04 |
| Jul 31, 2026 | 69.82M | 4.2M | 16.62 |
| Jul 15, 2026 | 69.2M | 5.92M | 11.68 |
| Jun 30, 2026 | 67.42M | 6.85M | 9.84 |
| Jun 15, 2026 | 64.14M | 5.28M | 12.14 |
| May 29, 2026 | 62.8M | 6.85M | 9.16 |
| May 15, 2026 | 61.29M | 5.32M | 11.51 |
| Apr 30, 2026 | 60.87M | 6.46M | 9.42 |
| Apr 15, 2026 | 63.8M | 2.7M | 23.64 |
| Mar 31, 2026 | 67.49M | 4.08M | 16.53 |
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 Indie Semiconductor 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.