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Where the tokens are
| Settlement | Shares short | Average daily volume | Days to cover |
|---|---|---|---|
| Sep 15, 2026 | 9.85M | 14.65M | 1.00 |
| Aug 31, 2026 | 6.87M | 11.97M | 1.00 |
| Aug 14, 2026 | 6.73M | 1.29M | 5.22 |
| Jul 31, 2026 | 7.3M | 1.19M | 6.13 |
| Jul 15, 2026 | 8.1M | 2.14M | 3.79 |
| Jun 30, 2026 | 7.67M | 2.45M | 3.13 |
| Jun 15, 2026 | 6.98M | 10.56M | 1.00 |
| May 29, 2026 | 6.64M | 4.82M | 1.38 |
| May 15, 2026 | 6M | 5.25M | 1.14 |
| Apr 30, 2026 | 8.92M | 2.13M | 4.19 |
| Apr 15, 2026 | 10.02M | 2.69M | 3.72 |
| Mar 31, 2026 | 10.23M | 1.98M | 5.16 |
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 Cypherpunk Technologies - 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.