As of Jun 9, 2023, TravelCenters of America SR NT 8.25%2028 has 335 shares failed to deliver, representing 3.73% of the average daily volume of 8,976 shares. Over the past year, the monthly average FTD is 598 shares, with the current level 44% below the historical average, indicating moderate settlement pressure. The weighted FTD ratio above 1% suggests potential liquidity constraints or heightened short-selling activity.