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Where the tokens are
| Settlement | Shares short | Average daily volume | Days to cover |
|---|---|---|---|
| Sep 15, 2026 | 3.79M | 918.96K | 4.13 |
| Aug 31, 2026 | 3.74M | 726.13K | 5.15 |
| Aug 14, 2026 | 3.17M | 1.17M | 2.71 |
| Jul 31, 2026 | 2.79M | 1.01M | 2.77 |
| Jul 15, 2026 | 2.96M | 1.06M | 2.80 |
| Jun 30, 2026 | 2.65M | 1.03M | 2.58 |
| Jun 15, 2026 | 2.33M | 1.01M | 2.30 |
| May 29, 2026 | 2.43M | 733.94K | 3.32 |
| May 15, 2026 | 2.4M | 804.11K | 2.99 |
| Apr 30, 2026 | 2.79M | 1.04M | 2.68 |
| Apr 15, 2026 | 3.45M | 2.37M | 1.46 |
| Mar 31, 2026 | 2.78M | 904.65K | 3.08 |
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 SBA 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.