Formula Systems (1985) Ltd. (NASDAQ:FORTY) Sees Significant Decrease in Short Interest

Posted by George Bondi on Oct 12th, 2026

Formula Systems (1985) Ltd. (NASDAQ:FORTY – Get Free Report) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 60 shares, a decrease of 74.2% from the September 15th total of 233 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 1,655 shares, the days-to-cover ratio is presently 0.0 days.

Formula Systems (1985) Stock Performance

FORTY stock traded down $6.64 during midday trading on Monday, reaching $111.50. 209 shares of the company’s stock traded hands, compared to its average volume of 791. The company has a current ratio of 1.48, a quick ratio of 1.44 and a debt-to-equity ratio of 0.13. Formula Systems has a 52-week low of $102.01 and a 52-week high of $190.56. The stock has a market cap of $1.71 billion, a P/E ratio of 2.80 and a beta of 1.25. The stock’s 50-day moving average is $117.41 and its 200 day moving average is $121.27.

Formula Systems (1985) (NASDAQ:FORTY – Get Free Report) last issued its quarterly earnings results on Wednesday, August 26th. The technology company reported $1.47 earnings per share for the quarter. Formula Systems (1985) had a net margin of 21.57% and a return on equity of 4.38%.

Formula Systems (1985) Announces Dividend

The business also recently announced a special dividend, which will be paid on Friday, October 16th. Investors of record on Tuesday, September 22nd will be issued a $1.63 dividend. The ex-dividend date of this dividend is Tuesday, September 22nd. Formula Systems (1985)’s dividend payout ratio (DPR) is currently 6.03%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Formula Systems (1985) in a report on Thursday, August 27th. One research analyst has rated the stock with a Hold rating. According to MarketBeat, the stock presently has an average rating of “Hold”.

Read Our Latest Research Report on Formula Systems (1985)

Hedge Funds Weigh In On Formula Systems (1985)

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Elevation Point Wealth Partners LLC bought a new stake in Formula Systems (1985) during the first quarter valued at about $206,000. Dimensional Fund Advisors LP increased its position 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 buying an additional 86 shares in the last quarter. Finally, Altshuler Shaham Ltd increased its position 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 buying an additional 727 shares in the last quarter. 34.76% of the stock is currently owned by hedge funds and other institutional investors.

Formula Systems (1985) Company Profile

(Get Free Report)

Formula Systems (1985) Ltd. is an Israel-based holding company that operates through a group of technology and information-services businesses. Rather than developing a single product line, Formula Systems invests in and manages companies that provide software, consulting, systems integration, information technology services and other enterprise technology solutions.

Its principal subsidiaries include Matrix IT, a provider of information technology services, consulting, outsourcing, systems integration and training; Sapiens International, which develops software platforms and solutions for the insurance industry; and Magic Software Enterprises, which provides application development, digital transformation, integration, cloud and information technology services.