Short interest in Formula Systems (1985) Ltd (NASDAQ:FORTY) increased during the last reporting period, rising from 1.31K to 1.74K. This put 0.02% of the company's publicly available shares short.
Short interest for Formula Sys (1985) gives investors a sense of the degree to which investors are betting on the decline of Formula Sys (1985)'s stock. Short interest data is updated every two weeks.
Based on the recent average volume of 644.00 shares traded per day, it would take 2.7 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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