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

Posted by on Sep 2nd, 2026

Forbright, Inc. (NASDAQ:FRBT – Get Free Report) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 61,892 shares, a growth of 56.8% from the July 30th total of 39,463 shares. Based on an average daily volume of 158,269 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the company’s shares are sold short.

Forbright Price Performance

NASDAQ:FRBT opened at $17.96 on Wednesday. The firm’s 50 day moving average price is $19.12. Forbright has a fifty-two week low of $17.48 and a fifty-two week high of $22.00.

Forbright (NASDAQ:FRBT – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.04). The firm had revenue of $84.87 million for the quarter, compared to analysts’ expectations of $85.24 million. On average, sell-side analysts expect that Forbright will post 1.09 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on FRBT shares. Barclays started coverage on Forbright in a report on Monday, July 6th. They set an “overweight” rating and a $23.00 price target on the stock. Wall Street Zen upgraded shares of Forbright from a “sell” rating to a “hold” rating in a research report on Monday, July 20th. Piper Sandler began coverage on shares of Forbright in a report on Monday, July 6th. They set a “neutral” rating and a $21.50 target price on the stock. JPMorgan Chase & Co. upped their price target on shares of Forbright from $21.00 to $23.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. Finally, Zacks Research upgraded shares of Forbright to a “hold” rating in a research report on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Forbright currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.60.

Read Our Latest Report on Forbright

Hedge Funds Weigh In On Forbright

An institutional investor recently bought a new stake in Forbright stock. Readystate Asset Management LP purchased a new position in shares of Forbright, Inc. (NASDAQ:FRBT – Free Report) in the second quarter, according to its most recent filing with the SEC. The firm purchased 35,000 shares of the company’s stock, valued at approximately $640,000. Readystate Asset Management LP owned 0.07% of Forbright at the end of the most recent quarter.

About Forbright

(Get Free Report)

Forbright Inc operates as the bank holding company for Forbright Bank which provides various financial services for consumers and businesses principally in the United States. It offers checking and savings accounts, certificates of deposit, and other account and branch banking services and corporate, fund, healthcare, lender, and real estate financing as well as credit cards. Forbright Inc is based in Chevy Chase, Maryland.

See Also

Receive News & Ratings for Forbright Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Forbright and related companies with MarketBeat.com's FREE daily email newsletter.