As of Jan 17, 2023, Valens Inc. has 93,960 shares failed to deliver, representing 77.69% of the average daily volume of 120,946 shares. Over the past year, the monthly average FTD is 104,555 shares, with the current level 10% below the historical average, indicating moderate settlement pressure. The weighted FTD ratio above 1% suggests potential liquidity constraints or heightened short-selling activity.