Forward Industries (FRA:23I0) Short Ratio

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:23I0 Forward Industries Inc FRA:23I0
33 GF Score
Price €3.56
GF Value €0.16
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Forward Industries Short Ratio?

Short Ratio is a metric signaling prevailing investors' sentiment with a company. It represents the number of days it takes short sellers on average to repurchase all the shares short.

Due to the license agreement change with our data vendor, Short Interest related data on GuruFocus will no longer be updated. Existing data will remain as-is, while new data will not be available, except for certain Australian and Canadian stocks.

FRA:23I0
33GF Score
Forward Industries Inc FRA:23I0
Short Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Forward Industries (FRA:23I0) Overvalued in 2026?

Based on GuruFocus' analysis, Forward Industries stock appears to be overvalued. The current stock price of €3.56 is trading 2121.9% above its estimated GF Value™ of €0.16. GuruFocus considers Forward Industries to be Significantly Overvalued.

Key valuation signals for FRA:23I0:

  • Short Ratio:
  • GF Value™: €0.16 vs. price of €3.56 (2121.9% above fair value)
  • GF Score™: 33/100 with 5 warning signs

No single metric tells the full story. See the FRA:23I0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forward Industries Business Description

Other Exchanges FWDI:USAFORD1:Mexico
Address 700 Veterans Memorial Highway, Suite 100, Hauppauge, New York, NY, USA, 11788
Forward Industries Inc is a Solana-focused digital asset treasury company, with the idea to buy, hold, stake, trade, invest in, and grow SOL and SOL-related digital assets, protocols, and businesses. Its mission is to expand and strengthen the Solana ecosystem by acquiring and staking SOL and engaging with, providing tools to, and investing in the Solana network, Solana developers, and Solana-related projects in order to increase shareholder value. In connection with a private placement transaction in September 2025, it launched a digital asset treasury idea supported by investors and operating partners, including Galaxy Digital and Jump Crypto.
33GF Score

Get the complete analysis for FRA:23I0

Short Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.56
Price
€0.16
GF Value