Finward Bancorp (FNWD) May See Short Squeeze Triggered

In the past 20 years (since 2005 with the introduction of RegSho), short selling has come under scrutiny as millions of retail investors have discovered what we have been highlighting since early 2005. Market makers abuse the “market maker’s exemption” and short excessive amounts of shares in your stock without locating, borrowing, paying the rebate or the interest rate to borrow. They are required to cover on the same trading day, and our data proves they do not.

The chart below shows “Daily Short Volume” in Finward Bancorp (FNWD), and includes both EXEMPT (market makers) and NON-EXEMPT (everyone else) short sales. We consolidate the tape of all 14 US stock exchanges and purchase the “sell short” trade identifier data directly from the exchanges on a daily basis. This complete view of the trading in your stock shows a vastly different picture than “Total Short Interest”, which only includes non-exempt short sales that have not been covered by the twice per month reporting date. Unfortunately, this misses the majority of the short selling.

This indicates that a Short Squeeze may be starting in shares of Finward Bancorp at $27.93, after crossing above the $27.903 Trigger Price. This could signal a buying opportunity, given the right market conditions.

You can find the full report at [ https://www.woprai.com/ ]

Please find the applicable data below, drawn from all major market providers.

Date	Short Volume	Total Volume	Percentage	Squeeze Trigger	$ Value
2025-07-11	1,644	4,414	37.25	27.7	45,539
2025-07-10	2,513	4,831	52.02	28.23	70,942
2025-07-09	1,797	4,788	37.53	28.19	50,657
2025-07-08	5,606	16,032	34.97	28.09	157,473
2025-07-07	3,029	11,871	25.52	28.2	85,418
2025-07-03	2,309	9,749	23.68	28.29	65,322
2025-07-02	2,631	7,593	34.65	28.37	74,641
2025-07-01	6,091	19,112	31.87	28.41	173,045
2025-06-30	5,528	14,183	38.98	27.92	154,342
2025-06-27	125,944	335,438	37.55	27.36	3,445,828
2025-06-26	1,157	9,894	11.69	27.41	31,713
2025-06-25	1,494	8,976	16.64	27.74	41,444
2025-06-24	2,398	19,125	12.54	28.29	67,839
2025-06-23	1,544	9,859	15.66	28.68	44,282
2025-06-20	1,531	5,378	28.47	28.77	44,047
2025-06-18	4,261	11,349	37.55	28.95	123,356
2025-06-17	2,135	5,845	36.53	28.69	61,253
2025-06-16	1,600	12,380	12.92	28.62	45,792
2025-06-13	1,892	5,044	37.51	28.91	54,698
2025-06-12	2,313	6,660	34.73	29.17	67,470
2025-06-11	2,169	6,304	34.41	29.47	63,920
2025-06-10	2,004	6,179	32.43	29.67	59,459
2025-06-09	2,810	6,986	40.22	29.74	83,569
2025-06-06	4,154	10,122	41.04	29.88	124,122
2025-06-05	2,195	5,283	41.55	29.23	64,160
2025-06-04	2,811	8,188	34.33	29.26	82,250
2025-06-03	2,171	5,194	41.8	29.32	63,654
2025-06-02	1,891	5,696	33.2	29.36	55,520
2025-05-30	1,296	6,244	20.76	29.45	38,167
2025-05-29	1,844	6,823	27.03	29.46	54,324
2025-05-28	1,840	5,156	35.69	29.85	54,924
2025-05-27	3,599	8,909	40.4	30.18	108,618
2025-05-23	1,090	4,297	25.37	30.29	33,016
2025-05-22	776	5,402	14.37	30.23	23,458
2025-05-21	866	3,938	21.99	30.32	26,257
2025-05-20	621	4,794	12.95	30.2	18,754
2025-05-19	662	3,441	19.24	30.36	20,098

Total	1,004,012	4,054,836	24.76	27.9	28,014,713

* Totals include all data records back to 2022-05-04 00:00:00, data set is truncated for viewing.