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Where the tokens are
| Settlement | Shares short | Average daily volume | Days to cover |
|---|---|---|---|
| Sep 15, 2026 | 10.8M | 2.05M | 5.27 |
| Aug 31, 2026 | 11.44M | 1.67M | 6.86 |
| Aug 14, 2026 | 10.89M | 4.09M | 2.66 |
| Jul 31, 2026 | 11.35M | 2.21M | 5.14 |
| Jul 15, 2026 | 11.62M | 2.44M | 4.76 |
| Jun 30, 2026 | 16.03M | 5.8M | 2.76 |
| Jun 15, 2026 | 18.65M | 4.16M | 4.48 |
| May 29, 2026 | 19.13M | 3.13M | 6.11 |
| May 15, 2026 | 17.61M | 5.21M | 3.38 |
| Apr 30, 2026 | 14.71M | 1.58M | 9.30 |
| Apr 15, 2026 | 13.86M | 1.99M | 6.97 |
| Mar 31, 2026 | 13.76M | 2.95M | 4.66 |
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 Insmed 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.