As of Jul 14, 2025, iShares Trust - iShares MSCI USA Quality GARP ETF has 14,276 shares failed to deliver, representing 17.47% of the average daily volume of 81,696 shares. Over the past year, the monthly average FTD is 8,447 shares, with the current level 69% above the historical average, indicating elevated settlement pressure. The weighted FTD ratio above 1% suggests potential liquidity constraints or heightened short-selling activity.