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GME Fails-to-Deliver & Reg SHO

GameStop's FTD history from the SEC's public semimonthly file, charted over five years with a price overlay — plus current Reg SHO threshold-list status from NYSE. The data is hard. The popular interpretations (naked shorting, T+N cycles) are clearly attributed as community readings — never asserted by this page.

FTD over time

Settlement-date FTD records with selectable lookback (6M / 1Y / 2Y / 5Y / All) and a Shares / Notional toggle. Yahoo close overlay on the right axis lets you eyeball whether spikes coincide with price events.

FTD due-date table

Each row reads "an FTD balance of N shares was reported on settlement date S, traceable to trade date T". The Closing Deadline (T+35C) column shows the community-cited 35-calendar-day reference from trade date — labeled as a community reference because actual Reg SHO close-out timing is not a simple fixed cycle.

Reg SHO threshold list

A binary current state — is GME on the NYSE Reg SHO threshold list right now? — plus the date ranges of all tracked appearances.

See FTDs next to live flow, dark-pool prints, and short interest.

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Caveats — read these before drawing conclusions

FTD data and threshold-list appearances are real regulatory information. The community interpretations attached to them are not the same thing.

GME FTD & Reg SHO — FAQ

What is a Fail-to-Deliver (FTD)?

A fail-to-deliver occurs when one party to a securities transaction doesn't deliver the security at settlement. Fails happen for many routine operational reasons — settlement timing, lent-share recalls, processing mismatches, issuer-related delays — not only short selling. The SEC publishes a semimonthly file of FTD quantities; the QUANTITY field is the cumulative net fails balance as of each settlement date, not new fails created that day.

Are GME FTDs evidence of naked short selling?

No, not by themselves. Elevated FTDs are a real regulatory data point, but they are not, on their own, proof of naked short selling. We present the data and the math; the interpretation that spikes equal naked shorting is attributed as a community reading in the caveats.

What is the Reg SHO threshold list?

It flags securities with sustained fails-to-deliver above regulatory thresholds for 5+ consecutive settlement days. Appearance triggers close-out obligations on broker-dealers. Published daily by the primary listing exchange (NYSE for GameStop). Appearance does not, by itself, prove naked shorting.

What does the "T+35 close-out cycle" mean?

This is a community interpretation, not a regulatory mechanic this page asserts as fact. The community reading is that FTD spikes "must" close on a fixed T+N window and that threshold appearance forces buying. The actual close-out obligations under Reg SHO are real, but they are not a simple fixed-cycle mechanism. The data is here; the cyclical interpretation lives in the community.

Where does the data come from?

FTDs from the SEC's public Fails-to-Deliver semimonthly files. Reg SHO threshold status from NYSE's daily threshold securities list. Price overlay from Yahoo Finance daily OHLC. All free, public, no estimates.

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Informational and educational only — not financial advice. Figures sourced from SEC and NYSE public files; community interpretations are clearly attributed as such.