How Is The Market Feeling About FuboTV?
Portfolio Pulse from Benzinga Insights
FuboTV's short interest has decreased by 24.46%, with 34.43 million shares sold short, representing 10.75% of its float. This is higher than its peers' average of 3.86%. The decrease in short interest may indicate a shift in market sentiment.
September 18, 2024 | 1:45 pm
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FuboTV's short interest has decreased significantly, suggesting a potential shift in market sentiment. The current short interest is 10.75% of the float, higher than the peer average of 3.86%.
The decrease in short interest by 24.46% suggests that bearish sentiment is waning, which could lead to a positive short-term impact on FuboTV's stock price. The short interest remains high compared to peers, indicating potential volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100