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Where the tokens are
| Settlement | Shares short | Average daily volume | Days to cover |
|---|---|---|---|
| Sep 15, 2026 | 97.84M | 9.35M | 10.47 |
| Aug 31, 2026 | 98.3M | 18.39M | 5.34 |
| Aug 14, 2026 | 97.41M | 14.97M | 6.51 |
| Jul 31, 2026 | 102.28M | 31.82M | 3.21 |
| Jul 15, 2026 | 104.45M | 24.61M | 4.24 |
| Jun 30, 2026 | 96.66M | 27.51M | 3.51 |
| Jun 15, 2026 | 94.7M | 19.06M | 4.97 |
| May 29, 2026 | 88.81M | 24.49M | 3.63 |
| May 15, 2026 | 96.01M | 25.48M | 3.77 |
| Apr 30, 2026 | 98.17M | 33.03M | 2.97 |
| Apr 15, 2026 | 94.18M | 9.72M | 9.69 |
| Mar 31, 2026 | 88.98M | 9.2M | 9.67 |
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 Quantumscape 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.