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Where the tokens are
| Settlement | Shares short | Average daily volume | Days to cover |
|---|---|---|---|
| Sep 15, 2026 | 62.23M | 6.08M | 10.23 |
| Aug 31, 2026 | 65.93M | 9.06M | 7.27 |
| Aug 14, 2026 | 65.23M | 8.16M | 7.99 |
| Jul 31, 2026 | 71.27M | 11.84M | 6.02 |
| Jul 15, 2026 | 76.21M | 9.05M | 8.42 |
| Jun 30, 2026 | 73.33M | 13.61M | 5.39 |
| Jun 15, 2026 | 74.85M | 9.98M | 7.50 |
| May 29, 2026 | 72.22M | 11.09M | 6.51 |
| May 15, 2026 | 73.01M | 10.93M | 6.68 |
| Apr 30, 2026 | 13.87M | 2.8M | 4.95 |
| Apr 15, 2026 | 14.32M | 2.64M | 5.43 |
| Mar 31, 2026 | 15.49M | 3.16M | 4.90 |
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 Carvana 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.