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Where the tokens are
| Settlement | Shares short | Average daily volume | Days to cover |
|---|---|---|---|
| Sep 15, 2026 | 9.82M | 1.55M | 6.33 |
| Aug 31, 2026 | 11.19M | 1.74M | 6.43 |
| Aug 14, 2026 | 12.61M | 1.74M | 7.23 |
| Jul 31, 2026 | 13.8M | 2.86M | 4.83 |
| Jul 15, 2026 | 11.53M | 2.82M | 4.08 |
| Jun 30, 2026 | 12.6M | 5M | 2.52 |
| Jun 15, 2026 | 14.92M | 3.41M | 4.37 |
| May 29, 2026 | 15.13M | 3.04M | 4.98 |
| May 15, 2026 | 17.11M | 2.66M | 6.44 |
| Apr 30, 2026 | 15.02M | 3.06M | 4.90 |
| Apr 15, 2026 | 14.26M | 4.54M | 3.14 |
| Mar 31, 2026 | 15.09M | 3.08M | 4.90 |
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 CarMax 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.