Forward Air (FWRD) Short Interest Ratio & Short Volume $15.63 +0.97 (+6.62%) Closing price 04:00 PM EasternExtended Trading$15.57 -0.06 (-0.39%) As of 05:22 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Short Interest Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock Forward Air Short Interest DataForward Air (FWRD) has a short interest of 3.69 million shares, representing 17.68% of the float (the number of shares available for trading by the public). This marks a -1.07% decrease in short interest from the previous month. The short interest ratio (days to cover) is 5.2, indicating that it would take 5.2 days of the average trading volume of 885,087 shares to cover all short positions.Current Short Interest3,690,000 sharesPrevious Short Interest3,730,000 sharesChange Vs. Previous Month-1.07%Dollar Volume Sold Short$74.13 millionShort Interest Ratio5.2 Days to CoverLast Record DateMarch 31, 2025Outstanding Shares30,403,000 sharesFloat Size20,870,000 sharesShort Percent of Float17.68%Today's Trading Volume563,595 sharesAverage Trading Volume885,087 sharesToday's Volume Vs. Average64% Short Selling Forward Air? Sign up to receive the latest short interest report for Forward Air and its competitors with MarketBeat's FREE newsletter. Email Address Skip Charts & View Short Interest HistoryShort Interest ChartDays to Cover ChartShort Percent of Float ChartFWRD Short Interest Over TimeFWRD Days to Cover Over TimeFWRD Percentage of Float Shorted Over Time Remove Ads Forward Air Short Interest History Export to ExcelReport DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date 3/31/20253,690,000 shares $74.13 million -1.1%17.7%5.2 $20.09 3/15/20253,730,000 shares $74.56 million -1.8%18.8%5.9 $19.99 2/28/20253,800,000 shares $85.39 million -5.0%19.1%6.4 $22.47 2/15/20254,000,000 shares $122.52 million +15.6%20.0%7.6 $30.63 1/31/20253,460,000 shares $111.59 million -12.2%17.2%6.2 $32.25 1/15/20253,940,000 shares $132.38 million +5.9%19.6%6.8 $33.60 12/31/20243,720,000 shares $119.97 million -13.1%18.5%6 $32.25 12/15/20244,280,000 shares $140.56 million +1.2%21.3%6.6 $32.84 11/30/20244,230,000 shares $155.20 million -3.9%21.4%5.6 $36.69 11/15/20244,400,000 shares $151.89 million No Change22.3%5.6 $34.52 Get the Latest News and Ratings for FWRD and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Forward Air and its competitors with MarketBeat's FREE daily newsletter. 10/31/20244,400,000 shares $155.45 million +2.6%23.4%5.2 $35.33 10/15/20244,290,000 shares $155.81 million +4.6%22.5%5 $36.32 9/30/20244,100,000 shares $145.14 million -16.3%21.5%4.8 $35.40 9/15/20244,900,000 shares $173.51 million -3.9%25.7%5.5 $35.41 8/31/20245,100,000 shares $162.03 million +8.7%26.8%5.3 $31.77 8/15/20244,690,000 shares $128.93 million -3.9%25.2%4.2 $27.49 7/31/20244,880,000 shares $123.76 million -17.0%26.3%3.7 $25.36 7/15/20245,880,000 shares $146.06 million +6.1%31.7%4.6 $24.84 6/30/20245,540,000 shares $105.48 million -13.4%27.9%4.3 $19.04 6/15/20246,400,000 shares $133.63 million -7.4%32.3%4.9 $20.88 5/31/20246,910,000 shares $116.09 million +26.6%32.1%5.4 $16.80 5/15/20245,460,000 shares $78.68 million +29.4%25.4%4.4 $14.41 4/30/20244,220,000 shares $92.92 million +2.4%16.8%4.3 $22.02 4/15/20244,120,000 shares $101.02 million +11.4%17.3%4.2 $24.52 3/31/20243,700,000 shares $115.11 million +10.8%15.6%3.8 $31.11 3/15/20243,340,000 shares $93.55 million +53.2%13.6%3.7 $28.01 2/29/20242,180,000 shares $80.94 million +9.6%8.9%3 $37.13 2/15/20241,990,000 shares $81.65 million +16.4%8.1%3.6 $41.03 1/31/20241,710,000 shares $75.80 million +88.4%6.8%3.5 $44.33 1/15/2024907,600 shares $51.13 million -0.3%4.3%1.9 $56.34 12/31/2023910,200 shares $57.22 million -3.8%3.6%2.2 $62.87 12/15/2023945,900 shares $60.58 million +17.5%3.7%2.1 $64.05 11/30/2023805,100 shares $51.15 million +51.7%3.2%1.7 $63.53 11/15/2023530,700 shares $35.28 million -12.6%2.1%1 $66.47 10/31/2023607,200 shares $39.11 million +17.1%2.4%0.9 $64.41 10/15/2023518,700 shares $37.36 million +8.5%2.1%0.8 $72.03 9/30/2023478,000 shares $32.86 million -1.2%1.9%0.8 $68.74 9/15/2023483,700 shares $33.45 million -27.4%1.9%0.9 $69.15 8/31/2023666,300 shares $47.19 million +187.7%2.6%1.5 $70.82 8/15/2023231,600 shares $15.62 million -49.5%0.9%0.7 $67.44Get Your Bank Account “Fed Invasion” Ready with THESE 4 Simple Steps (Ad)Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.Learn these 4 simple steps and protect your savings before it’s too late. 7/31/2023458,300 shares $54.46 million +22.7%1.8%2.9 $118.84 7/15/2023373,500 shares $40.45 million +7.8%1.5%2.3 $108.31 6/30/2023346,400 shares $36.76 million -38.3%1.4%2.2 $106.11 6/15/2023561,800 shares $58.53 million +3.9%2.2%3.5 $104.18 5/31/2023540,700 shares $52.59 million +3.5%2.1%3.5 $97.27 5/15/2023522,300 shares $50.44 million -10.1%2.0%3.3 $96.58 4/30/2023581,000 shares $61.30 million +11.5%2.2%3.1 $105.51 4/15/2023521,100 shares $57.49 million +4.8%2.0%3.1 $110.33 3/31/2023497,200 shares $53.58 million -13.8%1.9%2.8 $107.76 3/15/2023576,500 shares $60.00 million +16.8%2.2%3.2 $104.07 2/28/2023493,600 shares $50.94 million +1.2%1.9%2.6 $103.21 2/15/2023487,800 shares $50.69 million +25.6%1.9%2.6 $103.91 1/31/2023388,300 shares $41.88 million -5.6%1.5%2.3 $107.85 1/15/2023411,500 shares $41.82 million -13.8%1.6%2.3 $101.63 12/30/2022477,400 shares $50.07 million -13.1%1.8%2.6 $104.89 12/15/2022549,400 shares $58.07 million -1.1%2.1%2.9 $105.69 11/30/2022555,400 shares $62.41 million +5.9%2.1%3 $112.37 11/15/2022524,600 shares $60.21 million -13.7%2.0%2.8 $114.78 10/31/2022607,600 shares $64.33 million -14.8%2.3%3.3 $105.87 10/15/2022712,900 shares $69.43 million -1.8%2.7%4.3 $97.39 9/30/2022726,300 shares $65.56 million -23.2%2.7%4.7 $90.26 9/15/2022945,200 shares $90.98 million +7.6%3.6%6.5 $96.25 8/31/2022878,400 shares $85.24 million +38.2%3.3%6.3 $97.04 8/15/2022635,500 shares $69.31 million -9.6%2.4%4.6 $109.06 7/31/2022702,900 shares $73.76 million +4.6%2.7%4.9 $104.93 7/15/2022671,800 shares $59.97 million -1.1%2.5%4.2 $89.27 6/30/2022679,100 shares $62.45 million -5.5%2.6%3.7 $91.96 6/15/2022718,800 shares $65.35 million +8.1%2.7%3.6 $90.92 5/31/2022664,700 shares $61.94 million +13.1%2.5%3.4 $93.19 5/15/2022587,500 shares $56.51 million -14.9%2.2%3 $96.19 4/30/2022690,700 shares $66.98 million +15.7%2.6%3.6 $96.97 4/15/2022597,100 shares $54.25 million +12.9%2.3%3.3 $90.85 3/31/2022529,000 shares $51.73 million -7.9%2.0%3.2 $97.78 3/15/2022574,100 shares $57.94 million +17.9%2.2%3.9 $100.93 2/28/2022486,800 shares $50.23 million -0.5%1.8%2.9 $103.18 2/15/2022489,100 shares $49.98 million +5.4%1.8%2.9 $102.18 1/31/2022463,900 shares $49.31 million +12.4%1.7%3 $106.30 1/15/2022412,800 shares $46.51 million -17.7%1.6%2.5 $112.66 12/31/2021501,400 shares $60.71 million -30.5%1.9%3.2 $121.09 12/15/2021721,400 shares $82.74 million +40.8%2.7%4.8 $114.69 11/30/2021512,400 shares $50.60 million -1.4%1.9%3.9 $98.75 11/15/2021519,500 shares $55.12 million +7.4%2.0%4.5 $106.11 10/29/2021483,600 shares $48.63 million +6.1%1.8%4.4 $100.56 10/15/2021455,900 shares $39.19 million -7.6%1.7%4.5 $85.96 9/30/2021493,500 shares $40.97 million -17.0%1.8%4.5 $83.02 9/15/2021594,200 shares $49.90 million +2.0%2.2%4.9 $83.98 8/31/2021582,300 shares $51.34 million +29.3%2.2%4.5 $88.17 8/13/2021450,200 shares $40.77 million -12.3%1.7%3.4 $90.56 7/30/2021513,400 shares $45.41 million -15.2%1.9%3.8 $88.44 7/15/2021605,600 shares $53.77 million +39.9%2.2%4.4 $88.79Get Your Bank Account “Fed Invasion” Ready with THESE 4 Simple Steps (Ad)Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.Learn these 4 simple steps and protect your savings before it’s too late. 6/30/2021433,000 shares $38.86 million -8.0%1.6%3.2 $89.75 6/15/2021470,800 shares $44.01 million +30.1%1.7%3.6 $93.47 5/28/2021361,900 shares $35.06 million -22.6%1.3%2.9 $96.89 5/14/2021467,700 shares $44.60 million +18.5%1.7%3.6 $95.37 4/30/2021394,800 shares $34.86 million +22.4%1.5%2.8 $88.30 4/15/2021322,500 shares $28.71 million -1.5%1.2%2.4 $89.01 3/31/2021327,300 shares $29.24 million -16.8%1.2%2.4 $89.34 3/15/2021393,400 shares $36.60 million -7.7%1.5%2.9 $93.03 2/26/2021426,200 shares $36.50 million -0.4%1.6%3.2 $85.65 2/12/2021427,900 shares $36.62 million +2.8%1.6%3.3 $85.58 1/29/2021416,300 shares $30.84 million +0.8%1.5%3.3 $74.08 1/15/2021413,100 shares $33.30 million -9.5%1.5%3.1 $80.62 12/31/2020456,500 shares $34.85 million -1.0%1.7%3.3 $76.34 12/15/2020461,100 shares $33.78 million +0.6%1.7%2.9 $73.25 11/30/2020458,200 shares $33.99 million -11.9%1.7%2.7 $74.19 11/15/2020520,200 shares $37.55 million -9.3%1.9%3 $72.18 10/30/2020573,400 shares $35.26 million +3.7%2.1%3.3 $61.50 10/15/2020553,100 shares $34.53 million +15.4%2.0%3.1 $62.43 9/30/2020479,200 shares $27.50 million -10.3%1.7%2.7 $57.38 9/15/2020534,200 shares $30.72 million +11.2%1.9%3.2 $57.51 8/31/2020480,600 shares $28.35 million -0.2%1.7%3.2 $58.99 8/14/2020481,400 shares $28.23 million +7.4%1.8%2.9 $58.65 7/31/2020448,100 shares $23.30 million +15.1%1.6%2.7 $51.99 7/15/2020389,400 shares $19.33 million -31.2%1.4%2.5 $49.63 6/30/2020565,700 shares $28.18 million -2.1%2.1%3.6 $49.82 6/15/2020577,700 shares $27.80 million +16.1%2.1%3.3 $48.12 5/29/2020497,700 shares $24.55 million +18.6%1.8%2.4 $49.32 5/15/2020419,500 shares $17.94 million -31.2%1.5%2.1 $42.77 4/30/2020609,500 shares $31.45 million -12.2%2.2%3.1 $51.60 FWRD Short Interest - Frequently Asked Questions What is Forward Air's current short interest? Short interest is the volume of Forward Air shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 3,690,000 shares of FWRD short. 17.68% of Forward Air's shares are currently sold short. Learn More on Forward Air's current short interest. What is a good short interest ratio for Forward Air? The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. FWRD shares currently have a short interest ratio of 5.0. Learn More on Forward Air's short interest ratio. Which institutional investors are shorting Forward Air? As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Forward Air: Wolverine Trading LLC, LMR Partners LLP, Group One Trading LLC, D. E. Shaw & Co. Inc., Cubist Systematic Strategies LLC, Caption Management LLC, Citadel Advisors LLC, Jane Street Group LLC, Tudor Investment Corp ET AL, Concourse Financial Group Securities Inc., Walleye Trading LLC, Walleye Capital LLC, and Capital Fund Management S.A.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission. What is a good short interest percentage for Forward Air? Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 17.68% of Forward Air's floating shares are currently sold short. Is Forward Air's short interest increasing or decreasing? Forward Air saw a drop in short interest in March. As of March 31st, there was short interest totaling 3,690,000 shares, a drop of 1.1% from the previous total of 3,730,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment. What is Forward Air's float size? Forward Air currently has issued a total of 30,403,000 shares. Some of Forward Air's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Forward Air currently has a public float of 20,870,000 shares. How does Forward Air's short interest compare to its competitors? 17.68% of Forward Air's shares are currently sold short. Here is how the short interest of companies compare to Forward Air: Air Transport Services Group, Inc. (5.96%), Park-Ohio Holdings Corp. (1.82%), United Parcel Service, Inc. (1.91%), FedEx Co. (1.78%), XPO, Inc. (6.13%), C.H. Robinson Worldwide, Inc. (4.24%), Rocket Lab USA, Inc. (16.95%), Hub Group, Inc. (2.28%), Freightos Limited (1.40%), Globavend Holdings Limited (2.88%), Which stocks are the most shorted right now? As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($21.93 billion), iShares 20+ Year Treasury Bond ETF ($9.31 billion), Strategy Incorporated ($8.42 billion), Charter Communications, Inc. ($4.52 billion), Apollo Global Management, Inc. ($4.26 billion), Super Micro Computer, Inc. ($3.98 billion), Capital One Financial Co. ($3.79 billion), TC Energy Co. ($3.43 billion), AppLovin Co. ($2.91 billion), and Schlumberger Limited ($2.89 billion). View all of the most shorted stocks. What does it mean to sell short Forward Air stock? Short selling FWRD is an investing strategy that aims to generate trading profit from Forward Air as its price is falling. FWRD shares are trading up $0.86 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit. How does a short squeeze work against Forward Air? A short squeeze for Forward Air occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of FWRD, which in turn drives the price of the stock up even further. How often is Forward Air's short interest reported? Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including FWRD, twice per month. The most recent reporting period available is March, 31 2025. More Short Interest Resources from MarketBeat Related Companies Air Transport Services Group Short Interest Park-Ohio Short Interest United Parcel Service Short Interest FedEx Short Interest XPO Short Interest C.H. Robinson Worldwide Short Interest Rocket Lab USA Short Interest Hub Group Short Interest Freightos Short Interest Globavend Short Interest Short Interest Tools Stocks to Short Largest Short Interest Positions Short Interest Increases Short Interest Decreases Short Interest Reporting Dates This page (NASDAQ:FWRD) was last updated on 4/17/2025 by MarketBeat.com Staff From Our Partners[Action Required] Claim Your FREE IRS Loophole GuideThis shouldn't surprise anyone who's been paying attention, but... Pres. 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