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Forward Air (FWRD) Short Interest Ratio & Short Volume

Forward Air logo
$19.58 +0.05 (+0.26%)
Closing price 06/10/2025 04:00 PM Eastern
Extended Trading
$20.08 +0.50 (+2.53%)
As of 06/10/2025 06:27 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Forward Air Short Interest Data

Forward Air (FWRD) has a short interest of 3.75 million shares, representing 18.79% of the float (the number of shares available for trading by the public). This marks a -6.48% decrease in short interest from the previous month. The short interest ratio (days to cover) is 4.7, indicating that it would take 4.7 days of the average trading volume of 762,550 shares to cover all short positions.

Current Short Interest
3,750,000 shares
Previous Short Interest
4,010,000 shares
Change Vs. Previous Month
-6.48%
Dollar Volume Sold Short
$70.80 million
Short Interest Ratio
4.7 Days to Cover
Last Record Date
May 15, 2025
Outstanding Shares
30,423,000 shares
Float Size
19,960,000 shares
Short Percent of Float
18.79%
Today's Trading Volume
322,478 shares
Average Trading Volume
762,550 shares
Today's Volume Vs. Average
42%
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FWRD Short Interest Over Time

FWRD Days to Cover Over Time

FWRD Percentage of Float Shorted Over Time

Forward Air Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
5/15/20253,750,000 shares $70.80 million -6.5%18.8%4.7 $18.88
4/30/20254,010,000 shares $59.03 million -6.5%20.6%5.1 $14.72
4/15/20254,290,000 shares $62.68 million +16.3%20.6%5.5 $14.61
3/31/20253,690,000 shares $74.13 million -1.1%17.7%5.2 $20.09
3/15/20253,730,000 shares $74.56 million -1.8%18.8%5.9 $19.99
2/28/20253,800,000 shares $85.39 million -5.0%19.1%6.4 $22.47
2/15/20254,000,000 shares $122.52 million +15.6%20.0%7.6 $30.63
1/31/20253,460,000 shares $111.59 million -12.2%17.2%6.2 $32.25
1/15/20253,940,000 shares $132.38 million +5.9%19.6%6.8 $33.60
12/31/20243,720,000 shares $119.97 million -13.1%18.5%6 $32.25
12/15/20244,280,000 shares $140.56 million +1.2%21.3%6.6 $32.84
11/30/20244,230,000 shares $155.20 million -3.9%21.4%5.6 $36.69
11/15/20244,400,000 shares $151.89 million No Change22.3%5.6 $34.52
10/31/20244,400,000 shares $155.45 million +2.6%23.4%5.2 $35.33
10/15/20244,290,000 shares $155.81 million +4.6%22.5%5 $36.32
9/30/20244,100,000 shares $145.14 million -16.3%21.5%4.8 $35.40
9/15/20244,900,000 shares $173.51 million -3.9%25.7%5.5 $35.41
8/31/20245,100,000 shares $162.03 million +8.7%26.8%5.3 $31.77
8/15/20244,690,000 shares $128.93 million -3.9%25.2%4.2 $27.49
7/31/20244,880,000 shares $123.76 million -17.0%26.3%3.7 $25.36
7/15/20245,880,000 shares $146.06 million +6.1%31.7%4.6 $24.84
6/30/20245,540,000 shares $105.48 million -13.4%27.9%4.3 $19.04
6/15/20246,400,000 shares $133.63 million -7.4%32.3%4.9 $20.88
5/31/20246,910,000 shares $116.09 million +26.6%32.1%5.4 $16.80
5/15/20245,460,000 shares $78.68 million +29.4%25.4%4.4 $14.41
4/30/20244,220,000 shares $92.92 million +2.4%16.8%4.3 $22.02
4/15/20244,120,000 shares $101.02 million +11.4%17.3%4.2 $24.52
3/31/20243,700,000 shares $115.11 million +10.8%15.6%3.8 $31.11
3/15/20243,340,000 shares $93.55 million +53.2%13.6%3.7 $28.01
2/29/20242,180,000 shares $80.94 million +9.6%8.9%3 $37.13
2/15/20241,990,000 shares $81.65 million +16.4%8.1%3.6 $41.03
1/31/20241,710,000 shares $75.80 million +88.4%6.8%3.5 $44.33
1/15/2024907,600 shares $51.13 million -0.3%4.3%1.9 $56.34
12/31/2023910,200 shares $57.22 million -3.8%3.6%2.2 $62.87
12/15/2023945,900 shares $60.58 million +17.5%3.7%2.1 $64.05
11/30/2023805,100 shares $51.15 million +51.7%3.2%1.7 $63.53
11/15/2023530,700 shares $35.28 million -12.6%2.1%1 $66.47
10/31/2023607,200 shares $39.11 million +17.1%2.4%0.9 $64.41
10/15/2023518,700 shares $37.36 million +8.5%2.1%0.8 $72.03
9/30/2023478,000 shares $32.86 million -1.2%1.9%0.8 $68.74
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9/15/2023483,700 shares $33.45 million -27.4%1.9%0.9 $69.15
8/31/2023666,300 shares $47.19 million +187.7%2.6%1.5 $70.82
8/15/2023231,600 shares $15.62 million -49.5%0.9%0.7 $67.44
7/31/2023458,300 shares $54.46 million +22.7%1.8%2.9 $118.84
7/15/2023373,500 shares $40.45 million +7.8%1.5%2.3 $108.31
6/30/2023346,400 shares $36.76 million -38.3%1.4%2.2 $106.11
6/15/2023561,800 shares $58.53 million +3.9%2.2%3.5 $104.18
5/31/2023540,700 shares $52.59 million +3.5%2.1%3.5 $97.27
5/15/2023522,300 shares $50.44 million -10.1%2.0%3.3 $96.58
4/30/2023581,000 shares $61.30 million +11.5%2.2%3.1 $105.51
4/15/2023521,100 shares $57.49 million +4.8%2.0%3.1 $110.33
3/31/2023497,200 shares $53.58 million -13.8%1.9%2.8 $107.76
3/15/2023576,500 shares $60.00 million +16.8%2.2%3.2 $104.07
2/28/2023493,600 shares $50.94 million +1.2%1.9%2.6 $103.21
2/15/2023487,800 shares $50.69 million +25.6%1.9%2.6 $103.91
1/31/2023388,300 shares $41.88 million -5.6%1.5%2.3 $107.85
1/15/2023411,500 shares $41.82 million -13.8%1.6%2.3 $101.63
12/30/2022477,400 shares $50.07 million -13.1%1.8%2.6 $104.89
12/15/2022549,400 shares $58.07 million -1.1%2.1%2.9 $105.69
11/30/2022555,400 shares $62.41 million +5.9%2.1%3 $112.37
11/15/2022524,600 shares $60.21 million -13.7%2.0%2.8 $114.78
10/31/2022607,600 shares $64.33 million -14.8%2.3%3.3 $105.87
10/15/2022712,900 shares $69.43 million -1.8%2.7%4.3 $97.39
9/30/2022726,300 shares $65.56 million -23.2%2.7%4.7 $90.26
9/15/2022945,200 shares $90.98 million +7.6%3.6%6.5 $96.25
8/31/2022878,400 shares $85.24 million +38.2%3.3%6.3 $97.04
8/15/2022635,500 shares $69.31 million -9.6%2.4%4.6 $109.06
7/31/2022702,900 shares $73.76 million +4.6%2.7%4.9 $104.93
7/15/2022671,800 shares $59.97 million -1.1%2.5%4.2 $89.27
6/30/2022679,100 shares $62.45 million -5.5%2.6%3.7 $91.96
6/15/2022718,800 shares $65.35 million +8.1%2.7%3.6 $90.92
5/31/2022664,700 shares $61.94 million +13.1%2.5%3.4 $93.19
5/15/2022587,500 shares $56.51 million -14.9%2.2%3 $96.19
4/30/2022690,700 shares $66.98 million +15.7%2.6%3.6 $96.97
4/15/2022597,100 shares $54.25 million +12.9%2.3%3.3 $90.85
3/31/2022529,000 shares $51.73 million -7.9%2.0%3.2 $97.78
3/15/2022574,100 shares $57.94 million +17.9%2.2%3.9 $100.93
2/28/2022486,800 shares $50.23 million -0.5%1.8%2.9 $103.18
2/15/2022489,100 shares $49.98 million +5.4%1.8%2.9 $102.18
1/31/2022463,900 shares $49.31 million +12.4%1.7%3 $106.30
1/15/2022412,800 shares $46.51 million -17.7%1.6%2.5 $112.66
12/31/2021501,400 shares $60.71 million -30.5%1.9%3.2 $121.09
12/15/2021721,400 shares $82.74 million +40.8%2.7%4.8 $114.69
11/30/2021512,400 shares $50.60 million -1.4%1.9%3.9 $98.75
11/15/2021519,500 shares $55.12 million +7.4%2.0%4.5 $106.11
10/29/2021483,600 shares $48.63 million +6.1%1.8%4.4 $100.56
10/15/2021455,900 shares $39.19 million -7.6%1.7%4.5 $85.96
9/30/2021493,500 shares $40.97 million -17.0%1.8%4.5 $83.02
9/15/2021594,200 shares $49.90 million +2.0%2.2%4.9 $83.98
8/31/2021582,300 shares $51.34 million +29.3%2.2%4.5 $88.17
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8/13/2021450,200 shares $40.77 million -12.3%1.7%3.4 $90.56
7/30/2021513,400 shares $45.41 million -15.2%1.9%3.8 $88.44
7/15/2021605,600 shares $53.77 million +39.9%2.2%4.4 $88.79
6/30/2021433,000 shares $38.86 million -8.0%1.6%3.2 $89.75
6/15/2021470,800 shares $44.01 million +30.1%1.7%3.6 $93.47
5/28/2021361,900 shares $35.06 million -22.6%1.3%2.9 $96.89
5/14/2021467,700 shares $44.60 million +18.5%1.7%3.6 $95.37
4/30/2021394,800 shares $34.86 million +22.4%1.5%2.8 $88.30
4/15/2021322,500 shares $28.71 million -1.5%1.2%2.4 $89.01
3/31/2021327,300 shares $29.24 million -16.8%1.2%2.4 $89.34
3/15/2021393,400 shares $36.60 million -7.7%1.5%2.9 $93.03
2/26/2021426,200 shares $36.50 million -0.4%1.6%3.2 $85.65
2/12/2021427,900 shares $36.62 million +2.8%1.6%3.3 $85.58
1/29/2021416,300 shares $30.84 million +0.8%1.5%3.3 $74.08
1/15/2021413,100 shares $33.30 million -9.5%1.5%3.1 $80.62
12/31/2020456,500 shares $34.85 million -1.0%1.7%3.3 $76.34
12/15/2020461,100 shares $33.78 million +0.6%1.7%2.9 $73.25
11/30/2020458,200 shares $33.99 million -11.9%1.7%2.7 $74.19
11/15/2020520,200 shares $37.55 million -9.3%1.9%3 $72.18
10/30/2020573,400 shares $35.26 million +3.7%2.1%3.3 $61.50
10/15/2020553,100 shares $34.53 million +15.4%2.0%3.1 $62.43
9/30/2020479,200 shares $27.50 million -10.3%1.7%2.7 $57.38
9/15/2020534,200 shares $30.72 million +11.2%1.9%3.2 $57.51
8/31/2020480,600 shares $28.35 million -0.2%1.7%3.2 $58.99
8/14/2020481,400 shares $28.23 million +7.4%1.8%2.9 $58.65
7/31/2020448,100 shares $23.30 million +15.1%1.6%2.7 $51.99
7/15/2020389,400 shares $19.33 million -31.2%1.4%2.5 $49.63
6/30/2020565,700 shares $28.18 million -2.1%2.1%3.6 $49.82
6/15/2020577,700 shares $27.80 million +16.1%2.1%3.3 $48.12

FWRD Short Interest - Frequently Asked Questions

What is Forward Air's current short interest?

Short interest is the volume of Forward Air shares that have been sold short but have not yet been covered or closed out. As of May 15th, traders have sold 3,750,000 shares of FWRD short. 18.79% of Forward Air's shares are currently sold short. Learn More on Forward Air's current short interest.

What is a good short interest ratio for Forward Air?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. FWRD shares currently have a short interest ratio of 5.0. Learn More on Forward Air's short interest ratio.

Which institutional investors are shorting Forward Air?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Forward Air: Jane Street Group LLC, Silver Point Capital L.P., Murchinson Ltd., Caption Management LLC, Nomura Holdings Inc., Walleye Trading LLC, Walleye Capital LLC, Summit Securities Group LLC, and Jefferies Financial Group Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

What is a good short interest percentage for Forward Air?

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 18.79% of Forward Air's floating shares are currently sold short.

Is Forward Air's short interest increasing or decreasing?

Forward Air saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 3,750,000 shares, a decrease of 6.5% from the previous total of 4,010,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

What is Forward Air's float size?

Forward Air currently has issued a total of 30,423,000 shares. Some of Forward Air's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Forward Air currently has a public float of 19,960,000 shares.

How does Forward Air's short interest compare to its competitors?

18.79% of Forward Air's shares are currently sold short. Here is how the short interest of companies compare to Forward Air: Hub Group, Inc. (1.69%), Air Transport Services Group, Inc. (5.96%), Park-Ohio Holdings Corp. (1.31%), United Parcel Service, Inc. (2.14%), FedEx Co. (1.80%), Expeditors International of Washington, Inc. (4.17%), XPO, Inc. (8.51%), Rocket Lab USA, Inc. (16.86%), C.H. Robinson Worldwide, Inc. (5.13%), Freightos Limited (0.19%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($29.20 billion), Strategy Incorporated ($10.88 billion), iShares 20+ Year Treasury Bond ETF ($10.04 billion), Capital One Financial Co. ($5.51 billion), Charter Communications, Inc. ($5.00 billion), Super Micro Computer, Inc. ($4.43 billion), Apollo Global Management, Inc. ($4.02 billion), Hims & Hers Health, Inc. ($3.65 billion), VanEck Semiconductor ETF ($3.27 billion), and Coinbase Global, Inc. ($3.10 billion). View all of the most shorted stocks.

What does it mean to sell short Forward Air stock?

Short selling FWRD is an investing strategy that aims to generate trading profit from Forward Air as its price is falling. FWRD shares are trading down $0.18 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against Forward Air?

A short squeeze for Forward Air occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of FWRD, which in turn drives the price of the stock up even further.

How often is Forward Air's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including FWRD, twice per month. The most recent reporting period available is May, 15 2025.




This page (NASDAQ:FWRD) was last updated on 6/11/2025 by MarketBeat.com Staff
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