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

Key Points

• Short interest in fuboTV plunged 89.5% to about 5.96 million shares as of March 31, with a short‑interest ratio near 2.6 days, signaling significant short covering and reduced near‑term downward short pressure.
• Analyst sentiment is mixed but tilted positive: several recent upgrades (Zacks, Barrington, B. Riley) leave a consensus rating of "Moderate Buy" and an average price target of $17.20.
• Market and investor activity is active — the stock traded at $11.75 (down ~2.5%) with a market cap of about $345M, while unusual options flows (≈36,029 put buys, +107%) and incremental hedge‑fund/institutional buying highlight both bearish hedging and renewed buy‑side interest.

fuboTV Inc. (NYSE:FUBO - Get Free Report) saw a significant decrease in short interest in March. As of March 31st, there was short interest totaling 5,961,556 shares, a decrease of 89.5% from the March 15th total of 56,846,812 shares. Approximately 79.0% of the company's stock are short sold. Based on an average daily volume of 2,310,537 shares, the short-interest ratio is currently 2.6 days.

Hedge Funds Weigh In On fuboTV

Several hedge funds have recently bought and sold shares of FUBO. Integrated Wealth Concepts LLC acquired a new position in fuboTV during the first quarter worth $92,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in fuboTV by 8.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 197,353 shares of the company's stock worth $576,000 after buying an additional 14,748 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in fuboTV by 13.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 840,262 shares of the company's stock worth $2,454,000 after buying an additional 99,482 shares during the last quarter. Focus Partners Wealth acquired a new position in fuboTV during the first quarter worth $30,000. Finally, Creative Planning increased its position in fuboTV by 17.3% during the second quarter. Creative Planning now owns 106,020 shares of the company's stock worth $409,000 after buying an additional 15,602 shares during the last quarter. 39.31% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting fuboTV

Here are the key news stories impacting fuboTV this week:

• Positive Sentiment: Reported short interest plunged ~89.5% to 5.96M shares as of March 31 (short‑interest ratio ~2.6 days). That large drop suggests significant short covering, which reduces near‑term downward short pressure and the risk of short‑squeeze dynamics reversing. (Source: short interest data)
• Positive Sentiment: Multiple analyst upgrades are supporting sentiment — Zacks upgraded FUBO to "strong‑buy" and other shops (Barrington Research, Wedbush) have published bullish notes, increasing buy‑side interest and media coverage. Zacks Research Upgrade TickerReport on Zacks Upgrade Wedbush Forecast Barrington Research Upgrade
• Positive Sentiment: Product/engagement catalyst: Fubo rolled out major iOS/Android app upgrades using its AI engine to optimize mobile sports highlights and on‑the‑go viewing — could boost engagement and ARPU over time. BusinessWire: Mobile App Upgrade
• Neutral Sentiment: Coverage and promotional articles point to continued visibility in sports streaming lineups (where to watch NCAA/Frozen Four, NBA stream alternatives, etc.), which supports awareness but is not an immediate financial catalyst. Frozen Four Streaming Guide NBA Streaming Alternatives
• Neutral Sentiment: Discussion about recent profitability guidance in media pieces (analyst takeaways) may attract value investors if guidance looks sustainable; this is news‑sensitive but depends on follow‑through from results. Yahoo: Profitability Guidance Article
• Negative Sentiment: Unusual options activity: investors bought ~36,029 put options on Thursday (about +107% vs. typical daily put volume). Heavy put buying signals bearish bets or hedging demand that can pressure the stock short term.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on FUBO shares. Needham & Company LLC reduced their target price on fuboTV from $36.00 to $15.00 and set a "buy" rating for the company in a report on Friday, March 27th. Zacks Research upgraded fuboTV from a "hold" rating to a "strong-buy" rating in a report on Wednesday. Wall Street Zen upgraded fuboTV from a "sell" rating to a "hold" rating in a report on Saturday, March 14th. B. Riley Financial initiated coverage on fuboTV in a report on Friday, March 27th. They set a "buy" rating and a $18.00 price objective for the company. Finally, Barrington Research upgraded fuboTV from a "market perform" rating to an "outperform" rating and set a $16.00 price objective for the company in a report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $17.20.

fuboTV Stock Down 2.5%

fuboTV stock traded down $0.30 during mid-day trading on Friday, hitting $11.75. 1,297,651 shares of the company's stock were exchanged, compared to its average volume of 2,561,780. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.85. The stock has a market cap of $345.07 million, a P/E ratio of 2.17 and a beta of 2.37. fuboTV has a 1-year low of $8.31 and a 1-year high of $56.64. The stock has a 50 day moving average of $14.56 and a two-hundred day moving average of $30.16.

fuboTV Company Profile

fuboTV Inc is a sports-focused live TV streaming platform that provides subscribers with access to a broad range of televised sports, news and entertainment programming. The service offers tiered channel packages featuring major networks such as ESPN, Fox Sports, NBC and regional sports networks, along with bundled options for premium channels and international programming. A core element of fuboTV's proposition is its cloud DVR functionality, which enables users to record live events and store them for later viewing.

In addition to its live television offerings, fuboTV has developed an in-house ad-supported streaming network—fubo Sports Network—that delivers original sports news, analysis and highlights.

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