Formula Systems (1985) Ltd. (NASDAQ:FORTY) Sees Large Growth in Short Interest

Posted by Brian Himes on Jun 10th, 2026

Formula Systems (1985) Ltd. (NASDAQ:FORTY – Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 412 shares, a growth of 1,044.4% from the May 14th total of 36 shares. Based on an average daily trading volume, of 641 shares, the short-interest ratio is currently 0.6 days. Approximately 0.0% of the company’s shares are sold short.

Formula Systems (1985) Stock Down 3.3%

NASDAQ FORTY traded down $3.96 during trading hours on Wednesday, hitting $117.54. The company’s stock had a trading volume of 1,682 shares, compared to its average volume of 605. Formula Systems has a 52 week low of $101.21 and a 52 week high of $190.56. The company has a market capitalization of $1.80 billion, a PE ratio of 2.99 and a beta of 1.17. The company has a current ratio of 1.68, a quick ratio of 1.66 and a debt-to-equity ratio of 0.12. The company’s 50-day simple moving average is $133.18 and its two-hundred day simple moving average is $144.78.

Formula Systems (1985) (NASDAQ:FORTY – Get Free Report) last announced its quarterly earnings results on Thursday, May 28th. The technology company reported $2.25 earnings per share for the quarter. The business had revenue of $738.29 million for the quarter. Formula Systems (1985) had a net margin of 21.58% and a return on equity of 4.01%.

Formula Systems (1985) Announces Dividend

The company also recently declared a special dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 22nd will be issued a $13.045 dividend. The ex-dividend date of this dividend is Friday, May 22nd. Formula Systems (1985)’s dividend payout ratio (DPR) is presently 27.55%.

Hedge Funds Weigh In On Formula Systems (1985)

Institutional investors have recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new position in shares of Formula Systems (1985) in the 2nd quarter worth $73,000. Elevation Point Wealth Partners LLC bought a new stake in Formula Systems (1985) in the first quarter worth $206,000. Dimensional Fund Advisors LP lifted its stake in Formula Systems (1985) by 2.7% in the first quarter. Dimensional Fund Advisors LP now owns 3,315 shares of the technology company’s stock worth $391,000 after purchasing an additional 86 shares during the last quarter. Finally, Altshuler Shaham Ltd lifted its stake in Formula Systems (1985) by 10.4% in the first quarter. Altshuler Shaham Ltd now owns 7,742 shares of the technology company’s stock worth $926,000 after purchasing an additional 727 shares during the last quarter. Institutional investors own 34.76% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Formula Systems (1985) in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold”.

Check Out Our Latest Analysis on Formula Systems (1985)

About Formula Systems (1985)

(Get Free Report)

Formula Systems (1985) Ltd is an Israeli publicly traded holding company specializing in the software and information technology sectors. Founded in 1985 and listed on NASDAQ under the ticker FORTY, the company focuses on acquiring, investing in and developing independent software firms. Its core mission is to foster innovation in enterprise software, cybersecurity and digital transformation solutions.

The company’s principal activities center on holding controlling and significant equity stakes in several market-leading software enterprises.