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Where the tokens are
Trade NVO| Settlement | Shares short | Average daily volume | Days to cover |
|---|---|---|---|
| Sep 15, 2026 | 26.34M | 9.02M | 2.92 |
| Aug 31, 2026 | 31.65M | 11.82M | 2.68 |
| Aug 14, 2026 | 33.83M | 15.54M | 2.18 |
| Jul 31, 2026 | 29.42M | 10.18M | 2.89 |
| Jul 15, 2026 | 31.09M | 9.32M | 3.34 |
| Jun 30, 2026 | 27.78M | 12.64M | 2.20 |
| Jun 15, 2026 | 24.48M | 14.41M | 1.70 |
| May 29, 2026 | 22.68M | 11.62M | 1.95 |
| May 15, 2026 | 21.72M | 17.99M | 1.21 |
| Apr 30, 2026 | 14M | 17.92M | 1.00 |
| Apr 15, 2026 | 17.02M | 15.27M | 1.11 |
| Mar 31, 2026 | 19.93M | 18.06M | 1.10 |
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 Novo Nordisk 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.