Forensic · vs.

Forensic vs. Hindenburg Research

Hindenburg publishes short-seller research. Forensic gives you SEC red-flag data so you can do your own research at scale.

Hindenburg Research price

Free reports, but they're a short-seller

Forensic price

$9 one-shot · $29/mo Pro · $99/mo Elite

Their audience

Anyone reading short-seller research

Forensic audience

Retail traders, small RIAs, independent analysts

What Hindenburg Research does well

Deep investigative journalism on specific companies
Public reports are well-researched and impactful
Track record of moving markets (Adani, Block, Icahn Enterprises)
Free to read after publication

Where Forensic fills the gap

You can't request a report on a specific ticker — they pick targets
Each report takes months to produce; only ~10-20 published per year
They're a short-seller — they're talking their book
Coverage is sparse outside their chosen targets

When Forensic is the right fit

You want SEC red flags on YOUR ticker, not theirs
You want forensic data NOW, not when they publish
You want $9 systematic per-ticker reports across thousands of stocks
You want algorithmic scoring you can verify with the cited SEC filings

Try Forensic free →

When Hindenburg Research is the right fit

You want hand-curated investigative depth on a specific scandal — Hindenburg is unmatched there
You want a contrarian narrative — Forensic is algorithmic, not opinionated

All comparisons Forensic Blog FilingFirehose