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Where the tokens are
| Settlement | Shares short | Average daily volume | Days to cover |
|---|---|---|---|
| Sep 15, 2026 | 16.67M | 4.53M | 3.68 |
| Aug 31, 2026 | 14.88M | 4.94M | 3.01 |
| Aug 14, 2026 | 13.49M | 4.66M | 2.90 |
| Jul 31, 2026 | 12.4M | 4.82M | 2.57 |
| Jul 15, 2026 | 11.82M | 3.8M | 3.11 |
| Jun 30, 2026 | 12.69M | 4.56M | 2.78 |
| Jun 15, 2026 | 13.32M | 3.8M | 3.50 |
| May 29, 2026 | 16.03M | 4.45M | 3.60 |
| May 15, 2026 | 15.64M | 6.05M | 2.59 |
| Apr 30, 2026 | 17.18M | 4.07M | 4.22 |
| Apr 15, 2026 | 18.17M | 5.39M | 3.37 |
| Mar 31, 2026 | 17.28M | 4.34M | 3.99 |
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 Hut 8 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.