Short Interest Snapshot: NN
NextNav Inc. (NN) is currently maintaining a notable level of short interest, with 17.8 million shares held short as of early October 2026. This figure accounts for approximately 10.5% of the company's total shares outstanding. The current days-to-cover ratio is estimated at 7.8 days, indicating that a substantial amount of trading volume would be required to unwind these positions.
Lending Market Conditions
Despite the high short interest, the cost to borrow (CTB) for NN remains relatively stable at 0.3% as of October 8, 2026. While the borrow fee is not currently signaling a 'hard-to-borrow' environment, the high percentage of shares outstanding held short suggests that bearish sentiment remains persistent. Investors should track the days-to-cover metric, as any sudden shift in liquidity or price could impact the ability of short sellers to maintain these positions without incurring higher costs.
Signal data sourced from CurvedTrading. This post is an original analysis prepared by The Forensic Ledger from publicly available data. Not investment advice.
Not investment advice. This is original reporting and analysis prepared by The Forensic Ledger from publicly available data. Nothing here is a recommendation to buy, sell, or hold any security. Always consult the original source and a licensed professional. See our full disclaimer and source-citation policy.