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Where the tokens are
| Settlement | Shares short | Average daily volume | Days to cover |
|---|---|---|---|
| Sep 15, 2026 | 6.45M | 505.19K | 12.78 |
| Aug 31, 2026 | 6.33M | 694.68K | 9.11 |
| Aug 14, 2026 | 6.6M | 804.46K | 8.20 |
| Jul 31, 2026 | 6.49M | 748.01K | 8.68 |
| Jul 15, 2026 | 6.74M | 651.23K | 10.35 |
| Jun 30, 2026 | 7.29M | 851.65K | 8.56 |
| Jun 15, 2026 | 7.5M | 721.98K | 10.39 |
| May 29, 2026 | 7.18M | 551.61K | 13.02 |
| May 15, 2026 | 7.38M | 873.47K | 8.45 |
| Apr 30, 2026 | 7M | 585.35K | 11.96 |
| Apr 15, 2026 | 7.72M | 683.76K | 11.29 |
| Mar 31, 2026 | 7.49M | 1.15M | 6.50 |
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 Sphere Entertainment Co. - Backpack Securities 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.