DGAP Fail-to-Deliver
First Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Buffer & Digital Return ETF - April (DGAP) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $7.8M, listed on CBOE, carrying a beta of 0.20 to the broader market. DGAP is structured to deliver a predefined return profile linked to the price performance of the SPDR S&P 500 ETF Trust (SPY) over a defined outcome period from April 20, 2026 through April 16, 2027. public since 2026-04-21.
Fail-to-deliver (FTD) data from the SEC tracks settlement failures where shares were not delivered within the standard settlement period. Persistent FTDs may indicate naked short selling or settlement issues and are monitored by regulators.
- Latest Date
- 2026-09-14
- Latest FTD Quantity
- 104
- Latest Price
- $31.07
- 30-Day Avg FTD
- 478
- 30-Day Total FTD
- 14.3K
Showing 30 days of SEC fail-to-deliver data for First Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Buffer & Digital Return ETF - April.
Learn how fails-to-deliver is reported and how to read the data →
Frequently asked DGAP fail to deliver questions
- What is the latest DGAP fail-to-deliver count?
- As of Sep 14, 2026, First Trust Exchange-Traded Fund VIII - FT Vest U.S. Equity Buffer & Digital Return ETF - April (DGAP) fail-to-deliver quantity is 104 shares, with a 30-day average of 478 shares. The SEC publishes FTD data twice monthly: first-half data at month-end, second-half around the 15th of the following month.
- What is the FTD aggregate net balance?
- FTD figures represent the aggregate net balance in NSCC's Continuous Net Settlement (CNS) system, not the gross failed-share count. The published numbers run 2-6 weeks stale relative to the underlying settlement date.
- How do DGAP FTDs affect options pricing?
- Persistent FTDs flag hard-to-borrow conditions that distort put-call parity: in HTB names, synthetic long stock (long call + short put at the same strike) trades below the frictionless-parity price by approximately the borrow rebate. The discount equals the lending revenue forgone by holding the synthetic instead of actual shares. Reg SHO threshold-list inclusion follows from sustained FTD persistence.