
fuboTV Inc. (NYSE:FUBO) Short Interest Down 89.5% in March

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fuboTV Inc. (NYSE:FUBO) experienced a significant decrease in short interest, dropping 89.5% to 5,961,556 shares as of March 31. This decline suggests substantial short covering, reducing downward pressure on the stock. Currently, 79.0% of shares are sold short, with a days-to-cover ratio of 2.6 days. Analysts have shown positive sentiment, with upgrades from Zacks and Barrington Research, while some investors are hedging with put options. The stock has a consensus rating of "Moderate Buy" and an average price target of $17.20.
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