Forbright, Inc. (NASDAQ:FRBT) Short Interest Update

Forbright, Inc. (NASDAQ:FRBT – Get Free Report) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 27,674 shares, a growth of ∞ from the May 31st total of 0 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 260,722 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of Forbright to a “hold” rating in a research note on Saturday, June 20th.

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Forbright Price Performance

Shares of FRBT stock traded up $0.04 on Thursday, reaching $18.71. 11,930 shares of the company’s stock were exchanged, compared to its average volume of 127,217. Forbright has a 52 week low of $17.48 and a 52 week high of $19.27.

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