As of Jul 14, 2025, Phoenix Asia Limited Ordinary Shares has 10,951 shares failed to deliver, representing 15.00% of the average daily volume of 72,988 shares. Over the past year, the monthly average FTD is 12,401 shares, with the current level 12% below the historical average, indicating moderate settlement pressure. The weighted FTD ratio above 1% suggests potential liquidity constraints or heightened short-selling activity.