Fails to deliver
Shares sold but not handed over on time, from the SEC's list, through settlement day 14 Oct 2026. The SEC publishes it twice a month, 2 to 4 weeks after the fact. Each figure is a balance still outstanding, not new failures, and most fails have ordinary causes.
Which stocks have been failing to deliver the longest?
HYZN has been on the fails list for 431 settlement days in a row, since Jan 2025, with 204k shares still undelivered; UCFI is next at 257. 10 of the 15 have been on it for more than 100 settlement days, about five months; the shortest run here, GDC's, began in Jun 2026. A streak proves nothing on its own: it means the balance never reached zero in that time, not that one fail has lasted that long.
| Stock | Days on the list | Shares | Value, approx. | Scale | Through | History |
|---|---|---|---|---|---|---|
| HYZN | 431 days | 204k shares | 128K USD | Share count only | 14 Oct 2026 | |
| UCFI | 257 days | 34k shares | 189K USD | 0.07% of shares outstanding | 14 Oct 2026 | |
| BEP | 210 days | 1k shares | 39K USD | under 0.1 days of normal volume | 14 Oct 2026 | |
| CRML | 195 days | 720k shares | 4.7M USD | 1.8 days of normal volume | 14 Oct 2026 | |
| ISPOW | 177 days | 3k shares | No price | Share count only | 14 Oct 2026 | |
| EYUBY | 148 days | 3 shares | 66 USD | Share count only | 14 Oct 2026 | |
| ALDX | 116 days | 4k shares | 3K USD | 0.1 days of normal volume | 14 Oct 2026 | |
| OABI | 114 days | 385 shares | 2K USD | Share count only | 14 Oct 2026 | |
| PJFV | 110 days | 32k shares | 3.2M USD | Share count only | 14 Oct 2026 | |
| CISO | 104 days | 33k shares | 5K USD | 13 days of normal volume | 14 Oct 2026 | |
| BKRRF | 99 days | 77k shares | 50K USD | Share count only | 14 Oct 2026 | |
| KORU | 83 days | 1.2M shares | 17.4M USD | Share count only | 14 Oct 2026 | |
| AKBA | 82 days | 1k shares | 1K USD | under 0.1 days of normal volume | 14 Oct 2026 | |
| MSTU | 76 days | 418k shares | 16.2M USD | 4 days of normal volume | 13 Oct 2026 | |
| GDC | 74 days | 1 share | 1 USD | Share count only | 14 Oct 2026 |
Showing 1 to 15 of 15 stocks
Which stocks have the largest balances still undelivered?
SXTC carries the largest balance in the latest file, 15.6M shares, about 28 days of its normal trading volume, worth about 1.3M USD. MMED's 13.1M shares are the largest by value, about 241.1M USD. MMED, KRE and KNTK hold 78% of the value still undelivered across these 14 priced balances; TIPS has no price in the file and is left out of the map.
| Stock | Days on the list | Shares | Value, approx. | Scale | Through | History |
|---|---|---|---|---|---|---|
| SXTC | 12 days on the list | 15.6M shares | 1.3M USD | 28 days of normal volume | 14 Oct 2026 | |
| MMED | 7 days on the list | 13.1M shares | 241.1M USD | 17 days of normal volume | 14 Oct 2026 | |
| TIPS | 1 day on the list | 8.5M shares | No price | Share count only | 13 Oct 2026 | |
| FRGT | 18 days on the list | 4.3M shares | 1.5M USD | 5 days of normal volume | 13 Oct 2026 | |
| BMNZ | 8 days on the list | 4.3M shares | 21.9M USD | Share count only | 13 Oct 2026 | |
| MSTZ | 3 days on the list | 2.7M shares | 7.3M USD | 0.6 days of normal volume | 13 Oct 2026 | |
| EVTL | 2 days on the list | 2.5M shares | 1.0M USD | 25 days of normal volume | 14 Oct 2026 | |
| CYDY | 11 days on the list | 2.5M shares | 501K USD | 0.17% of shares outstanding | 14 Oct 2026 | |
| NWBO | 4 days on the list | 2.3M shares | 370K USD | 0.14% of shares outstanding | 14 Oct 2026 | |
| KRE | 5 days on the list | 2.3M shares | 158.8M USD | Share count only | 14 Oct 2026 | |
| USAR | 13 days on the list | 2.2M shares | 25.4M USD | 3 days of normal volume | 14 Oct 2026 | |
| SMCZ | 22 days on the list | 2.2M shares | 10.3M USD | Share count only | 13 Oct 2026 | |
| KNTK | 1 day on the list | 2.0M shares | 109.2M USD | 20 days of normal volume | 14 Oct 2026 | |
| PYLD | 9 days on the list | 1.8M shares | 45.8M USD | Share count only | 14 Oct 2026 | |
| HL | 1 day on the list | 1.7M shares | 27.4M USD | 1.5 days of normal volume | 14 Oct 2026 |
Showing 1 to 15 of 15 stocks
How have the balances moved over the past year?
SXTC sat near zero on 148 of its 157 settlement days on file since 31 Oct 2025, then rose to a peak of 17.2M shares on 13 Oct 2026; its latest balance, 15.6M, is the largest on this board. FRGT peaked at 11.0M on 7 Oct 2026 and is down to 4.3M. Most fails clear within days, and a peak in one file often comes back down in the next.
SXTC, shares still undelivered on each settlement day
| Stock | Days shown | Peak, shares | Peak date | Latest, shares | History |
|---|---|---|---|---|---|
| SXTC | 157 | 17.2M peak | 13 Oct 2026 | 15.6M shares now | |
| MMED | 76 | 13.1M peak | 14 Oct 2026 | 13.1M shares now | |
| TIPS | 4 | 8.5M peak | 13 Oct 2026 | 8.5M shares now | |
| FRGT | 144 | 11.0M peak | 7 Oct 2026 | 4.3M shares now | |
| BMNZ | 197 | 4.3M peak | 13 Oct 2026 | 4.3M shares now | |
| MSTZ | 204 | 10.4M peak | 4 Sept 2026 | 2.7M shares now | |
| EVTL | 122 | 2.9M peak | 11 Aug 2026 | 2.5M shares now | |
| CYDY | 221 | 4.4M peak | 16 Jul 2026 | 2.5M shares now | |
| NWBO | 119 | 3.0M peak | 13 Oct 2026 | 2.3M shares now | |
| KRE | 206 | 5.5M peak | 3 Mar 2026 | 2.3M shares now |
Showing 1 to 10 of 10 stocks
References
- SEC, Fails-to-Deliver Data The twice-monthly files: every balance, settlement date and price on this page. Public records.
- The Distributed glossary What a fail to deliver is.
- The Distributed How streaks and scale are worked out.