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Where the tokens are
| Settlement | Shares short | Average daily volume | Days to cover |
|---|---|---|---|
| Sep 15, 2026 | 67.98M | 14.51M | 4.69 |
| Aug 31, 2026 | 71.47M | 15.73M | 4.54 |
| Aug 14, 2026 | 66.95M | 16.47M | 4.06 |
| Jul 31, 2026 | 65.91M | 19.7M | 3.35 |
| Jul 15, 2026 | 65.07M | 17.69M | 3.68 |
| Jun 30, 2026 | 63.22M | 29.41M | 2.15 |
| Jun 15, 2026 | 55.75M | 36.28M | 1.54 |
| May 29, 2026 | 54.64M | 56.49M | 1.00 |
| May 15, 2026 | 50.34M | 28.25M | 1.78 |
| Apr 30, 2026 | 52.22M | 34.94M | 1.49 |
| Apr 15, 2026 | 52M | 28.16M | 1.85 |
| Mar 31, 2026 | 58.77M | 21.16M | 2.78 |
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 D-Wave Quantum 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.