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Where the tokens are
| Settlement | Shares short | Average daily volume | Days to cover |
|---|---|---|---|
| Jan 15, 2026 | 2.73M | 794.95K | 3.44 |
| Dec 31, 2025 | 2.76M | 402.83K | 6.85 |
| Nov 28, 2025 | 2.4M | 450.63K | 5.33 |
| Nov 14, 2025 | 2.21M | 741.77K | 2.98 |
| Oct 15, 2025 | 3.9M | 1.09M | 3.58 |
| Sep 30, 2025 | 3.14M | 2.11M | 1.49 |
| Aug 29, 2025 | 2.5M | 517.59K | 4.84 |
| Aug 15, 2025 | 2.29M | 610.06K | 3.75 |
| Jul 15, 2025 | 2.79M | 833.29K | 3.35 |
| Jun 30, 2025 | 2.82M | 1.51M | 1.87 |
| Jun 13, 2025 | 2.6M | 1.21M | 2.15 |
| May 30, 2025 | 2.23M | 1.61M | 1.39 |
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 SMLR shares, not any token. As of Jan 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.