Forbright, Inc. (NASDAQ:FRBT) Sees Large Increase in Short Interest

Posted by Stanley Muller on Oct 11th, 2026

Forbright, Inc. (NASDAQ:FRBT – Get Free Report) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 256,317 shares, an increase of 290.7% from the September 15th total of 65,612 shares. Based on an average daily trading volume, of 245,521 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.5% of the shares of the stock are short sold.

Institutional Trading of Forbright

A hedge fund recently bought a new position in Forbright stock. Readystate Asset Management LP purchased a new stake in Forbright, Inc. (NASDAQ:FRBT – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 35,000 shares of the company’s stock, valued at approximately $640,000. Readystate Asset Management LP owned about 0.07% of Forbright at the end of the most recent reporting period.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. TD Cowen started coverage on Forbright in a report on Monday, July 6th. They issued a “buy” rating for the company. Piper Sandler assumed coverage on shares of Forbright in a research report on Monday, July 6th. They set a “neutral” rating and a $21.50 target price on the stock. Zacks Research raised shares of Forbright from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 6th. Wall Street Zen upgraded shares of Forbright from a “sell” rating to a “hold” rating in a report on Monday, July 20th. Finally, Barclays increased their price target on shares of Forbright from $23.00 to $24.00 and gave the company an “overweight” rating in a report on Monday, October 5th. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $22.40.

View Our Latest Report on FRBT

Forbright Stock Down 0.5%

Shares of Forbright stock traded down $0.09 on Friday, hitting $17.99. The company’s stock had a trading volume of 50,596 shares, compared to its average volume of 175,265. The stock has a market cap of $913.17 million and a P/E ratio of 199.89. Forbright has a 52-week low of $16.81 and a 52-week high of $22.00. The business has a fifty day moving average of $18.55. The company has a quick ratio of 0.88, a current ratio of 0.95 and a debt-to-equity ratio of 0.16.

Forbright (NASDAQ:FRBT – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.04). The business had revenue of $84.87 million for the quarter, compared to analysts’ expectations of $85.24 million. As a group, analysts expect that Forbright will post 1.14 earnings per share for the current year.

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.