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: −$4.78M (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 37.2% of shares outstanding.
Reported short interest has fallen from 27.47% to 19.91% 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 | +2,997,522 | 10.2% |
| Vanguard Portfolio Management, LLC | Mutual Fund | 2026/Q3 | +2,509,995 | 3.6% |
| Armistice Capital LLC | Hedge Fund | 2026/Q3 | +2,432,000 | 7.8% |
| Baker Bros. Advisors LP | Hedge Fund | 2026/Q3 | +1,914,581 | 2.8% |
| Rosalind Advisors, Inc. | Hedge Fund | 2026/Q3 | +1,848,034 | 4.4% |
| Opaleye Management Inc. | Hedge Fund | 2026/Q3 | +1,800,000 | 2.0% |
| State Street Global Advisors | Mutual Fund | 2026/Q3 | +1,617,208 | 5.7% |
| Balyasny Asset Management L.P. | Hedge Fund | 2026/Q3 | +1,276,796 | 1.9% |
| The Goldman Sachs Group, Inc. | Public Company | 2026/Q3 | +1,008,080 | 2.5% |
| AQR Capital Management | Hedge Fund | 2026/Q3 | +866,079 | 1.0% |
| Vanguard Capital Management, LLC | Mutual Fund | 2026/Q3 | +650,906 | 4.9% |
| Synovus Trust Company, National Association | Family Office/Trust | 2026/Q3 | +591,174 | 1.2% |
| Bank of America Corporation | Public Company | 2026/Q3 | +472,990 | 1.0% |
| PanAgora Asset Management, Inc. | Mutual Fund | 2026/Q3 | +422,771 | 0.7% |
| Geode Capital Management, LLC | Mutual Fund | 2026/Q3 | +356,588 | 2.3% |
Institutional buy/sell activity by reporting period, largest moves first.
| Date | Insider | Title | Transaction | Shares | Price | Held after |
|---|---|---|---|---|---|---|
| 30 Sep 2026 | Daniel Paterson | Chief Executive Officer | Open Market Disposition | -44,121 | $8.00 | 309,760 |
| 30 Sep 2026 | Daniel Calkins | Head of Investor Relations, VP of Finance and Principal Accounting Officer & Financial Officer | Open Market Disposition | -2,566 | $8.00 | 68,299 |
| 29 Sep 2026 | Daniel Paterson | Chief Executive Officer | Other Acquisition | +106,893 | – | 309,760 |
| 29 Sep 2026 | Daniel Calkins | Head of Investor Relations, VP of Finance and Principal Accounting Officer & Financial Officer | Other Disposition | -8,333 | – | 68,299 |
| 20 Sep 2026 | Daniel Calkins | Head of Investor Relations, VP of Finance and Principal Accounting Officer & Financial Officer | Open Market Disposition | -55 | $7.70 | 62,532 |
| 2 Aug 2026 | Daniel Paterson | Chief Executive Officer | Open Market Disposition | -1,302 | $5.81 | 246,988 |
| 22 Jul 2026 | Robert Gagnon | Director | Intent to Sell (Form 144) | -31,924 | $5.89 | – |
| 24 Jun 2026 | Robert Gagnon | Director | Intent to Sell (Form 144) | -21,492 | $4.21 | – |
| 21 Jun 2026 | Daniel Paterson | Chief Executive Officer | Open Market Disposition | -20,871 | $4.18 | 245,165 |
| 21 Jun 2026 | Daniel Calkins | Head of Investor Relations, VP of Finance and Principal Accounting Officer & Financial Officer | Open Market Disposition | -4,089 | $4.18 | 59,569 |
| 26 May 2026 | Robert Gagnon | Director | Intent to Sell (Form 144) | -20,103 | $4.36 | – |
| 20 May 2026 | Michael Bailey | Director | Other Acquisition | +108,000 | – | 108,000 |
| 20 May 2026 | Paul A. Bunn | Independent Director | Other Acquisition | +36,000 | – | 36,000 |
| 20 May 2026 | Eric Rowinsky | Independent Director | Other Acquisition | +36,000 | – | 36,000 |
| 20 May 2026 | John Johnson | Independent Director | Other Acquisition | +36,000 | – | 36,000 |
| 20 May 2026 | Brian Stuglik | Director | Other Acquisition | +36,000 | – | 137,147 |
| 20 May 2026 | Anil Kapur | Independent Director | Other Acquisition | +36,000 | – | 36,000 |
| 20 May 2026 | Michelle Robertson | Independent Director | Other Acquisition | +36,000 | – | 36,000 |
| 20 May 2026 | Karin Tollefson | Director | Other Acquisition | +36,000 | – | 36,000 |
| 3 May 2026 | Daniel Paterson | Chief Executive Officer | Open Market Disposition | -806 | $5.82 | 232,130 |
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 | 18,028,616 | 19.9% | 6.5 |
| 31 Aug 2026 | 18,298,315 | 20.2% | 11.0 |
| 14 Aug 2026 | 18,909,052 | 20.9% | 9.6 |
| 31 Jul 2026 | 19,825,791 | 22.6% | 9.4 |
| 15 Jul 2026 | 20,103,345 | 22.9% | 6.8 |
| 30 Jun 2026 | 24,142,937 | 27.5% | 7.0 |
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