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Where the tokens are
| Settlement | Shares short | Average daily volume | Days to cover |
|---|---|---|---|
| Sep 15, 2026 | 3.4M | 715.2K | 4.75 |
| Aug 31, 2026 | 2.56M | 929.27K | 2.75 |
| Aug 14, 2026 | 2.87M | 1.02M | 2.83 |
| Jul 31, 2026 | 3.46M | 1.56M | 2.21 |
| Jul 15, 2026 | 2.83M | 2.23M | 1.27 |
| Jun 30, 2026 | 4.37M | 4.21M | 1.04 |
| Jun 15, 2026 | 9.49M | 2.79M | 3.40 |
| May 29, 2026 | 5.65M | 2.28M | 2.48 |
| May 15, 2026 | 5.67M | 1.93M | 2.94 |
| Apr 30, 2026 | 5.42M | 3.11M | 1.74 |
| Apr 15, 2026 | 5.44M | 2.48M | 2.19 |
| Mar 31, 2026 | 5.46M | 2.16M | 2.53 |
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 Iridium Communications 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.