REFI · Chicago Atlantic Real Estate Finance, Inc.
3 customers — 24.4% of revenue (three months ended March 31, 2026)
“As of and for the three months ended March 31, 2026 and 2025, the top three borrowers represented approximately 24.4% and 24.3% of the total interest income, respectively.”
3 customers — 24.3% of revenue (three months ended March 31, 2025)
“As of and for the three months ended March 31, 2026 and 2025, the top three borrowers represented approximately 24.4% and 24.3% of the total interest income, respectively.”
3 customers — 33.2% of receivables (March 31, 2026)
“Our loan portfolio as of March 31, 2026 and December 31, 2025, was concentrated with the top three borrowers representing approximately 33.2% and 26.9% of principal outstanding, respectively.”
One customer — 12.9% of receivables (March 31, 2026)
“The largest loan represented approximately 12.9% and 11.5% of principal outstanding as of March 31, 2026 and December 31, 2025, respectively.”
3 customers — 26.9% of receivables (December 31, 2025)
“Our loan portfolio as of March 31, 2026 and December 31, 2025, was concentrated with the top three borrowers representing approximately 33.2% and 26.9% of principal outstanding, respectively.”
One customer — 11.5% of receivables (December 31, 2025)
“The largest loan represented approximately 12.9% and 11.5% of principal outstanding as of March 31, 2026 and December 31, 2025, respectively.”
Total shares sold short and not yet covered, reported to FINRA by broker-dealers and published twice a month (bi-monthly). Days to cover divides the short position by average daily volume; a high value (above 5) can signal short-squeeze potential.
Peer-relative percentile rank across all stocks reporting short interest at the latest settlement date (2026-06-30). Weighted mean of the available factors (short interest 30%, days to cover 20%, price vs VWAP 15%, short-volume trend 15%, short-interest change 10%, fails-to-deliver 10%) plus catalyst boosts (price spike, volume surge, earnings within days), capped at +20 and clamped to 100.
Short Interest History
| Settlement Date | Current Position | Previous Position | Change | Days to Cover |
|---|---|---|---|---|
| 2026-06-30 | 1,246,032 | 972,372 | +273,660 | 4.52 |
| 2026-06-15 | 972,372 | 1,021,752 | -49,380 | 10.22 |
| 2026-05-29 | 1,021,752 | 940,419 | +81,333 | 8.36 |
| 2026-05-15 | 940,419 | 909,608 | +30,811 | 5.41 |
| 2026-04-30 | 909,608 | 1,080,544 | -170,936 | 6.30 |
| 2026-04-15 | 1,080,544 | 1,169,415 | -88,871 | 7.52 |
| 2026-03-31 | 1,169,415 | 605,053 | +564,362 | 4.36 |
| 2026-03-13 | 605,053 | 518,776 | +86,277 | 5.40 |
| 2026-02-27 | 518,776 | 487,085 | +31,691 | 4.52 |
| 2026-02-13 | 487,085 | 476,085 | +11,000 | 3.15 |
| 2026-01-30 | 476,085 | 477,861 | -1,776 | 4.59 |
| 2026-01-15 | 477,861 | 680,117 | -202,256 | 3.68 |
| 2025-12-31 | 680,117 | 511,908 | +168,209 | 3.59 |
| 2025-12-15 | 511,908 | 592,115 | -80,207 | 4.35 |
| 2025-11-28 | 592,115 | 637,960 | -45,845 | 5.68 |
| 2025-11-14 | 637,960 | 643,592 | -5,632 | 6.48 |
| 2025-10-31 | 643,592 | 612,412 | +31,180 | 6.09 |
| 2025-10-15 | 612,412 | 721,988 | -109,576 | 3.53 |
| 2025-09-30 | 721,988 | 399,292 | +322,696 | 4.88 |
| 2025-09-15 | 399,292 | 462,186 | -62,894 | 2.12 |
| 2025-08-29 | 462,186 | 456,416 | +5,770 | 6.28 |
| 2025-08-15 | 456,416 | 460,775 | -4,359 | 4.00 |
| 2025-07-31 | 460,775 | 431,498 | +29,277 | 4.29 |