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Where the tokens are
| Settlement | Shares short | Average daily volume | Days to cover |
|---|---|---|---|
| Sep 15, 2026 | 9.08M | 1.35M | 6.73 |
| Aug 31, 2026 | 8.16M | 1.89M | 4.31 |
| Aug 14, 2026 | 9.02M | 1.43M | 6.32 |
| Jul 31, 2026 | 9.66M | 1.48M | 6.53 |
| Jul 15, 2026 | 9.02M | 1.86M | 4.85 |
| Jun 30, 2026 | 7.99M | 2.24M | 3.56 |
| Jun 15, 2026 | 5.98M | 1.76M | 3.40 |
| May 29, 2026 | 5.25M | 2.12M | 2.47 |
| May 15, 2026 | 5.38M | 1.4M | 3.85 |
| Apr 30, 2026 | 5.48M | 1.92M | 2.85 |
| Apr 15, 2026 | 5.46M | 1.37M | 3.99 |
| Mar 31, 2026 | 5.75M | 2.55M | 2.25 |
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 Hesai Group 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.