Who holds it, who is betting against it, and where the big money is moving
Net of large-order buying minus selling, in USD. Over this window: +$3.17M (11 inflow days, 9 outflow days).
Super/Big orders approximate institutional-size trades; Mid/Small approximate retail-size trades. Net buy minus sell value in each bucket, summed over the window.
The five largest holders on file together own 34.4% of shares outstanding.
Reported short interest has fallen from 15.02% to 12.20% of float over the last 6 biweekly reports (30 Jun 2026 to 15 Sep 2026).
| Holder | Type | Period | Share change | New stake |
|---|---|---|---|---|
| BlackRock | Mutual Fund | 2026/Q3 | +9,072,391 | 14.4% |
| AQR Capital Management | Hedge Fund | 2026/Q3 | +6,875,858 | 5.6% |
| Two Sigma Investments, LP | Hedge Fund | 2026/Q3 | +5,141,209 | 2.0% |
| First Trust Advisors L.P. | Mutual Fund | 2026/Q3 | +4,182,385 | 1.7% |
| Millennium Management LLC | Hedge Fund | 2026/Q3 | +3,565,012 | 1.6% |
| Gotham Asset Management, LLC | Hedge Fund | 2026/Q3 | +3,339,833 | 1.7% |
| Cerity Partners LLC | Mutual Fund | 2026/Q3 | +3,120,796 | 1.4% |
| The Goldman Sachs Group, Inc. | Public Company | 2026/Q3 | +2,455,918 | 1.6% |
| State Street Global Advisors | Mutual Fund | 2026/Q3 | +2,100,170 | 3.9% |
| Geode Capital Management, LLC | Mutual Fund | 2026/Q3 | +2,011,496 | 2.6% |
| Morgan Stanley | Public Company | 2026/Q3 | +1,934,426 | 1.3% |
| Victory Capital Management Inc. | Mutual Fund | 2026/Q3 | +1,902,440 | 1.1% |
| D. E. Shaw & Co., L.P. | Hedge Fund | 2026/Q3 | +1,679,995 | 0.7% |
| Tudor Investment Corporation | Hedge Fund | 2026/Q3 | +1,546,997 | 0.5% |
| Acadian Asset Management LLC | Mutual Fund | 2026/Q3 | +1,533,080 | 0.5% |
Institutional buy/sell activity by reporting period, largest moves first.
| Date | Insider | Title | Transaction | Shares | Price | Held after |
|---|---|---|---|---|---|---|
| 1 Oct 2026 | James Roth | Chief Revenue Officer | Intent to Sell (Form 144) | -20,773 | $3.85 | – |
| 1 Oct 2026 | Ashley McGrane | General Counsel | Intent to Sell (Form 144) | -2,461 | $3.85 | – |
| 1 Oct 2026 | James Roth | Chief Revenue Officer | Derivative Exercise and Sale | -91,413 | $3.79 | 270,507 |
| 1 Oct 2026 | Ashley McGrane | General Counsel | Derivative Exercise and Sale | -30,374 | $3.79 | 140,669 |
| 30 Sep 2026 | Henry Schuck | Founder, Chairman of the Board & CEO | Other Disposition | -7,250 | – | 202,324 |
| 30 Sep 2026 | Henry Schuck | Founder, Chairman of the Board & CEO | Derivative Exercise and Sale | -4,598 | $3.79 | 14,062,512 |
| 30 Sep 2026 | Henry Schuck | Founder, Chairman of the Board & CEO | Derivative Exercise and Retained | +9,189 | – | 14,062,512 |
| 30 Sep 2026 | James Roth | Chief Revenue Officer | Derivative Exercise and Retained | +65,208 | – | 270,507 |
| 30 Sep 2026 | Michael O'Brien | Interim CFO & Interim PFO | Derivative Exercise and Sale | -32,783 | $3.79 | 334,132 |
| 30 Sep 2026 | Michael O'Brien | Interim CFO & Interim PFO | Derivative Exercise and Retained | +33,911 | – | 334,132 |
| 30 Sep 2026 | Ashley McGrane | General Counsel | Derivative Exercise and Retained | +33,632 | – | 140,669 |
| 1 Sep 2026 | James Roth | Chief Revenue Officer | Intent to Sell (Form 144) | -94 | $4.12 | – |
| 1 Sep 2026 | Ashley McGrane | General Counsel | Intent to Sell (Form 144) | -34 | $4.12 | – |
| 1 Sep 2026 | James Roth | Chief Revenue Officer | Derivative Exercise and Sale | -250 | $4.24 | 205,299 |
| 1 Sep 2026 | Ashley McGrane | General Counsel | Derivative Exercise and Sale | -104 | $4.24 | 107,037 |
| 31 Aug 2026 | Henry Schuck | Founder, Chairman of the Board & CEO | Other Disposition | -4,575 | – | 209,574 |
| 31 Aug 2026 | James Roth | Chief Revenue Officer | Derivative Exercise and Retained | +95 | – | 205,299 |
| 31 Aug 2026 | Michael O'Brien | Interim CFO & Interim PFO | Derivative Exercise and Sale | -268 | $4.24 | 300,221 |
| 31 Aug 2026 | Michael O'Brien | Interim CFO & Interim PFO | Derivative Exercise and Retained | +274 | – | 300,221 |
| 31 Aug 2026 | Ashley McGrane | General Counsel | Derivative Exercise and Retained | +103 | – | 107,037 |
From Form 4/Form 144 filings. Negative share counts are disposals (sales, gifts, or shares withheld for taxes); positive are acquisitions.
| Report date | Shares short | % of float | Days to cover |
|---|---|---|---|
| 15 Sep 2026 | 35,503,324 | 12.2% | 7.5 |
| 31 Aug 2026 | 36,876,791 | 12.7% | 7.3 |
| 14 Aug 2026 | 38,912,265 | 13.4% | 4.4 |
| 31 Jul 2026 | 43,881,252 | 14.9% | 6.5 |
| 15 Jul 2026 | 41,501,898 | 14.1% | 4.4 |
| 30 Jun 2026 | 44,257,301 | 15.0% | 3.0 |
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