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HZEN · Grayscale Horizen Trust (ZEN) · Short Interest

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$0.94 -0.03 (-3.53%) At close · Oct 2
Market Cap
$13.14M
Shares
11.43M
Volume · Oct 2 45.94K Avg daily vol (3M) 68.37K

Shares sold short and not yet covered, reported twice monthly. Days to cover is the reported short position divided by average daily volume.

HZEN Latest Reported Short Interest

FINRA reported 144,441 HZEN shares sold short as of the September 15, 2026 settlement date, a decrease of 32,814 shares. Days to cover was 1.00 based on FINRA's reported average daily volume.

Official FINRA short-interest data · share counts are restated for subsequent splits of this listing

HZEN Short Interest Forecast

Equibles' model estimates 143,965 shares sold short for the September 30, 2026 settlement, -0.3% versus the latest reported position, with a likely range of 86,109 to 215,784 shares. This model prediction uses FINRA data through September 30, 2026; FINRA's official release is expected October 9, 2026.

Model estimate

Expected Sep 30 short interest

as of Sep 30 Low confidence 50% chance it rises
143,965 -0.3% vs reported
Likely range 86,109 to 215,784 The latest estimate appears in the chart below. Official release expected Oct 9. Methodology
Short Squeeze Score
38/100
Short interest 1.3% of shares — P42 Days to cover 1.0 — P13 Price vs VWAP +38.9% — P99 Short-volume trend -19.3% — P6 Short interest change -18.5% — P14 Worst FTD 0.01% of shares — P54

Positioning score 37.9 + catalyst boost 0 (total capped at 100). This is a screening index, not a probability of a squeeze.

Method and coverage limits

Factor percentiles compare eligible primary operating-company stocks reporting short interest at the latest settlement date (2026-09-15). The weighted mean uses short interest 30%, days to cover 20%, price vs VWAP 15%, short-volume trend 15%, short-interest change 10%, and fails-to-deliver 10%. Missing factors redistribute their weight; incomplete coverage is not evidence of low risk. Price, volume, and earnings boosts add 10 each, capped at 20.

Shares outstanding are not free float. Borrow fees, utilization, lendable supply, recalls, and dealer inventory are not measured. Short-sale volume does not measure the change in open shorts; fails to deliver are not a borrow-cost measurement; price vs VWAP does not establish short sellers' entry prices. Earnings can move prices in either direction.

The weights are judgment-based, not calibrated to future squeeze outcomes. The separate options assessment below does not change this universe ranking.

Options positioning & squeeze sensitivity

Nearest expiration after today within 30 calendar days; same-day expirations and later maturities are excluded.

A complete options reference is unavailable.

Open interest has both a buyer and a seller; it does not reveal dealer hedge direction. Gross gamma sums both calls and puts without netting and uses a local 1% price-change approximation. It measures sensitivity, not predicted buying or a squeeze probability.

Assessment prepared 2026-10-06 03:48 UTC. Options model values may come from a cached snapshot; their original computation time is not supplied. Open interest has its own effective date.

Short Interest History

Settlement Date Current Position Previous Position Change Days to Cover
2026-10-15 Scheduled
FINRA publishes Oct 26
— — — —
2026-09-30 Scheduled
FINRA publishes Oct 9
— — — —
2026-09-15 144,441 177,255 -32,814 1.00
2026-08-31 177,255 194,590 -17,335 1.01
2026-08-14 194,590 154,564 +40,026 1.83
2026-07-31 154,564 145,403 +9,161 2.46
2026-07-15 145,403 144,679 +724 7.60
2026-06-30 144,679 154,051 -9,372 7.04
2026-06-15 154,051 144,719 +9,332 1.64
2026-05-29 144,719 147,964 -3,245 1.82
2026-05-15 147,964 144,793 +3,171 1.27
2026-04-30 144,793 149,276 -4,483 2.32
2026-04-15 149,276 144,713 +4,563 1.65
2026-03-31 144,713 193,393 -48,680 1.92
2026-03-13 193,393 195,576 -2,183 1.97
2026-02-27 195,576 193,475 +2,101 2.46
2026-02-13 193,475 193,056 +419 1.26
2026-01-30 193,056 338,585 -145,529 1.00
2026-01-15 338,585 194,314 +144,271 1.80
2025-12-31 194,314 194,395 -81 2.87
2025-12-15 194,395 194,045 +350 1.00
2025-11-28 194,045 269,556 -75,511 1.00
2025-11-14 269,556 292,548 -22,992 1.00
2025-10-31 292,548 332,467 -39,919 1.00
2025-10-15 332,467 303,173 +29,294 1.00

Full FINRA short interest reporting calendar

Showing 1–23 of 23 settlements
Key facts CIK 1748945 CUSIP 38963T101 Investor relations