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Where the tokens are
| Settlement | Shares short | Average daily volume | Days to cover |
|---|---|---|---|
| Sep 15, 2026 | 67.35M | 18.05M | 3.73 |
| Aug 31, 2026 | 74.45M | 23.42M | 3.18 |
| Aug 14, 2026 | 68.54M | 33.44M | 2.05 |
| Jul 31, 2026 | 81.31M | 40.02M | 2.03 |
| Jul 15, 2026 | 92.37M | 32.42M | 2.85 |
| Jun 30, 2026 | 89.06M | 60.62M | 1.47 |
| Jun 15, 2026 | 95.19M | 36.47M | 2.61 |
| May 29, 2026 | 88.7M | 36.73M | 2.41 |
| May 15, 2026 | 77.3M | 32.97M | 2.34 |
| Apr 30, 2026 | 79.11M | 37.24M | 2.12 |
| Apr 15, 2026 | 83.41M | 29.8M | 2.80 |
| Mar 31, 2026 | 80.99M | 35.07M | 2.31 |
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 Microsoft 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.