HUMBL Inc (HMBL)

[Cinnyricinclus]

Short volume is shares which were sold short. That could be sold to people who will stay short for a year, for a day or sold just long enough to facilitate a transaction.

Short interest is a snapshot twice a month of how many shares are in actual short positions at that time.

Statistically, there's probably a reasonable way to roughly estimate short interest by using the last period's short interest and the daily short volumes. If you can use daily short volume to come up with a good estimate of how many people sold short and how many people covered their short, you probably have a reasonable number of the actual short interest.