As of Dec 4, 2023, PROOF Acquisition Corp I has 534,178 shares failed to deliver, representing 504.89% of the average daily volume of 105,801 shares. Over the past year, the monthly average FTD is 19,839 shares, with the current level 2593% above the historical average, indicating elevated settlement pressure. The weighted FTD ratio above 1% suggests potential liquidity constraints or heightened short-selling activity.