What are fails-to-deliver (FTD) for O?

A fail-to-deliver happens when a trade in O isn't settled by the delivery date — the seller doesn't hand over the shares on time. The SEC publishes the aggregate number of O shares that failed to deliver on each settlement date. The latest published figure is 25.6K shares (settled 2026-06-12).

Does a high FTD mean O is heavily shorted?

Not directly. Fails-to-deliver is a settlement metric, not short interest — fails arise from mechanical settlement issues, market-making, and long as well as short sellers. A persistent, large fail relative to a name's own history can be worth noting, but FTD alone is not a measure of how shorted a stock is.

How often is O FTD data updated?

The SEC releases fails-to-deliver data twice a month — one file for the first half of each month and one for the second — with a lag. Settlement itself is T+1 (the business day after the trade). Under Regulation SHO, participants must generally close out short-sale fails by the next settlement day (longer windows exist for long sales, bona-fide market making, and certain deemed-to-own securities), and names with large persistent fails can join the exchange threshold-security list after 5 consecutive settlement days. This page rebuilds as new files publish.

Is O's fails-to-deliver a buy or sell signal?

On its own, no — FTD is context, not a verdict. Our current SEC-grounded rating on O is HOLD, based on the company's filings rather than settlement mechanics. Use the fails history as one input alongside the fundamentals.

Fails-to-deliver · SEC settlement data

REALTY INCOME CORP (O) fails to deliver

Our ratingHoldB-

Latest fails

25.6K

settled 2026-06-12

Peak in window

27.5K

2026-05-21

vs trailing median

18.8×

spike (≥ 5×)

Latest value

$1.58M

qty × SEC prior close

Fails-to-deliver over time

13 settlement prints · shares failed

peak latestQuantity only — no price data on the chart.

Fails-to-deliver history

O fails-to-deliver by settlement date, from SEC data
Settlement date	Shares failed	SEC price	Approx. value
2026-06-12	25.6K	$61.91	$1.58M
2026-06-11	63.00	$62.11	$3.91K
2026-06-10	18.9K	$61.25	$1.16M
2026-06-09	139.00	$60.01	$8.34K
2026-06-08	802.00	$60.84	$48.8K
2026-06-05	542.00	$59.75	$32.4K
2026-06-04	1.03K	$59.72	$61.8K
2026-06-02	13.6K	$59.55	$810K
2026-05-22	20.2K	$62.23	$1.26M
2026-05-21	27.5K	$62.24	$1.71M
2026-04-20	10.6K	$65.09	$693K
2026-04-16	1.69K	$63.96	$108K
2026-04-15	6.00	$63.81	$382.86

How to read this data

What a fail is. A fail-to-deliver occurs when the seller in a trade doesn’t deliver the shares by the settlement date. The figure here is the aggregate number of shares of O that failed to deliver on each settlement date, as reported by the SEC.
Settlement is T+1. US equities settle one business day after the trade (T+1 since May 2024), so the settlement date shown is one business day after the trade that failed.
The SEC publishes twice a month. Fails data is released in two files per month — the first and second halves — on a lag, so the most recent settlement dates appear only after the next publication.
Reg SHO close-out. Participants must generally close out short-sale fails by the next settlement day after they arise (longer windows apply to long-sale and bona-fide market-making fails, and a 35-calendar-day window only to certain deemed-to-own securities). Names whose fails stay large for 5 consecutive settlement days join the exchange threshold-security list, which brings stricter close-out duties — so persistent large fails are the exception, not the norm.
Not short interest. Fails arise from settlement mechanics and market making as well as short selling, and are not a direct measure of how heavily a stock is shorted. The SEC price column is the prior-day closing price the SEC ships in the same file — we use it only to approximate a dollar value; no market-data feed is involved.

Source: SEC fails-to-deliver data (public domain).

Common questions

What are fails-to-deliver (FTD) for O?: A fail-to-deliver happens when a trade in O isn't settled by the delivery date — the seller doesn't hand over the shares on time. The SEC publishes the aggregate number of O shares that failed to deliver on each settlement date. The latest published figure is 25.6K shares (settled 2026-06-12).
Does a high FTD mean O is heavily shorted?: Not directly. Fails-to-deliver is a settlement metric, not short interest — fails arise from mechanical settlement issues, market-making, and long as well as short sellers. A persistent, large fail relative to a name's own history can be worth noting, but FTD alone is not a measure of how shorted a stock is.
How often is O FTD data updated?: The SEC releases fails-to-deliver data twice a month — one file for the first half of each month and one for the second — with a lag. Settlement itself is T+1 (the business day after the trade). Under Regulation SHO, participants must generally close out short-sale fails by the next settlement day (longer windows exist for long sales, bona-fide market making, and certain deemed-to-own securities), and names with large persistent fails can join the exchange threshold-security list after 5 consecutive settlement days. This page rebuilds as new files publish.
Is O's fails-to-deliver a buy or sell signal?: On its own, no — FTD is context, not a verdict. Our current SEC-grounded rating on O is HOLD, based on the company's filings rather than settlement mechanics. Use the fails history as one input alongside the fundamentals.

Full O analysis — verdict, score & filings →Where FTD spikes meet insider & congress signals →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Fails-to-deliver history

O fails-to-deliver by settlement date, from SEC data
Settlement date	Shares failed	SEC price	Approx. value
2026-06-12	25.6K	$61.91	$1.58M
2026-06-11	63.00	$62.11	$3.91K
2026-06-10	18.9K	$61.25	$1.16M
2026-06-09	139.00	$60.01	$8.34K
2026-06-08	802.00	$60.84	$48.8K
2026-06-05	542.00	$59.75	$32.4K
2026-06-04	1.03K	$59.72	$61.8K
2026-06-02	13.6K	$59.55	$810K
2026-05-22	20.2K	$62.23	$1.26M
2026-05-21	27.5K	$62.24	$1.71M
2026-04-20	10.6K	$65.09	$693K
2026-04-16	1.69K	$63.96	$108K
2026-04-15	6.00	$63.81	$382.86

How to read this data

What a fail is. A fail-to-deliver occurs when the seller in a trade doesn’t deliver the shares by the settlement date. The figure here is the aggregate number of shares of O that failed to deliver on each settlement date, as reported by the SEC.
Settlement is T+1. US equities settle one business day after the trade (T+1 since May 2024), so the settlement date shown is one business day after the trade that failed.
The SEC publishes twice a month. Fails data is released in two files per month — the first and second halves — on a lag, so the most recent settlement dates appear only after the next publication.
Reg SHO close-out. Participants must generally close out short-sale fails by the next settlement day after they arise (longer windows apply to long-sale and bona-fide market-making fails, and a 35-calendar-day window only to certain deemed-to-own securities). Names whose fails stay large for 5 consecutive settlement days join the exchange threshold-security list, which brings stricter close-out duties — so persistent large fails are the exception, not the norm.
Not short interest. Fails arise from settlement mechanics and market making as well as short selling, and are not a direct measure of how heavily a stock is shorted. The SEC price column is the prior-day closing price the SEC ships in the same file — we use it only to approximate a dollar value; no market-data feed is involved.

Source: SEC fails-to-deliver data (public domain).

Common questions

What are fails-to-deliver (FTD) for O?: A fail-to-deliver happens when a trade in O isn't settled by the delivery date — the seller doesn't hand over the shares on time. The SEC publishes the aggregate number of O shares that failed to deliver on each settlement date. The latest published figure is 25.6K shares (settled 2026-06-12).
Does a high FTD mean O is heavily shorted?: Not directly. Fails-to-deliver is a settlement metric, not short interest — fails arise from mechanical settlement issues, market-making, and long as well as short sellers. A persistent, large fail relative to a name's own history can be worth noting, but FTD alone is not a measure of how shorted a stock is.
How often is O FTD data updated?: The SEC releases fails-to-deliver data twice a month — one file for the first half of each month and one for the second — with a lag. Settlement itself is T+1 (the business day after the trade). Under Regulation SHO, participants must generally close out short-sale fails by the next settlement day (longer windows exist for long sales, bona-fide market making, and certain deemed-to-own securities), and names with large persistent fails can join the exchange threshold-security list after 5 consecutive settlement days. This page rebuilds as new files publish.
Is O's fails-to-deliver a buy or sell signal?: On its own, no — FTD is context, not a verdict. Our current SEC-grounded rating on O is HOLD, based on the company's filings rather than settlement mechanics. Use the fails history as one input alongside the fundamentals.