Abu Dawud

Benefits and Issues:
➊
The chain of narration of this report is weak.
However, the issue is such that its animal will not be lawful (halal).

➋
Hazrat Shaddad bin Aws radi Allahu anhu narrates:
I remembered two things from the Messenger of Allah sallallahu alayhi wa sallam.
He said: Allah the Exalted has made excellence (ihsan) obligatory in everything.
Therefore, when you kill, kill in the best manner.
And when you slaughter an animal, slaughter it in the best manner; every person who slaughters should sharpen his knife.
And bring comfort to his sacrificial animal.
(Sahih Muslim, The Book of Hunting and Slaughter, Chapter: The Command to Show Excellence in Slaughter and Killing, and to Sharpen the Blade, Hadith 1955)
In addition, the Messenger of Allah sallallahu alayhi wa sallam himself used to make sure to sharpen the knife before slaughtering.
The words of the hadith: "The Messenger of Allah sallallahu alayhi wa sallam forbade the slaughter of the Shaytan’s animal" (nahy Rasul Allah sallallahu alayhi wa sallam ‘an sharitat al-shaytan).
By the slaughtered animal mentioned here is meant such an animal
whose throat was only slightly cut at the time of slaughter,
the veins were not completely severed, and it died writhing in agony.
In the time of ignorance (jahiliyyah), the polytheists used to do this.
Since Shaytan incited them to do so,
therefore such a slaughtered animal was called the slaughter of Shaytan.
And one of its meanings has also been explained by Ibn ‘Isa,
which is mentioned in the hadith.