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Fails to deliver

by QuantShare, 5259 days ago
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The total number of fails-to-deliver represents the net balance of shares that failed to be delivered as of a particular settlement date. These numbers are recorded in the National Securities Clearing Corporation's ('NSCC') Continuous Net Settlement (CNS) system.

Fails-to-deliver happens when a seller does not provide, for any reason, the shares of a stock that were sold within the T+3 settlement period. Failure in delivering shares can occur in both long and short sales. It is not necessarily the result of short selling.

For a particular settlement date, the total number of fails-to-deliver shares is the cumulative number of all fails until that day plus the number of fails that were settled on that day minus the fails that occur that day.
Example:
On 21 October 2009, the number of fails-to-deliver for Apple (AAPL) is 31302. On 22 October 2009, 1000 new fails are reported and 500 fails were settled.
The number of fails-to-deliver for Apple on 22 October 2009 will be 31802.

This item downloads fails-to-deliver data for US stocks from failstodeliver.com website. The data is downloaded by symbol, you just need to select the ticker symbols that interests you and the downloader will get the data and save it into a custom database (fails_to_deliver). This database has two fields: The data fields (the settlement date) and the failures field, which contains the number of fails-to-deliver shares. Data spans from the beginning of 2004 to present.


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Type: Download Script

Object ID: 253


Country:
United States

Market: Stock Market

Style:
Fundamental Analysis

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