As of Jul 7, 2025, Churchill Capital Corp IX Ordinary Shares has 8,228 shares failed to deliver, representing 4.63% of the average daily volume of 177,664 shares. Over the past year, the monthly average FTD is 4,599 shares, with the current level 79% above the historical average, indicating elevated settlement pressure. The weighted FTD ratio above 1% suggests potential liquidity constraints or heightened short-selling activity.