fuboTV Inc. operates a live TV streaming platform for live sports events, news, and entertainment content in the United States and Europe. Its fuboTV platform allows customers to access content through streaming devices, as well as on SmartTVs, computers, mobile phones, and tablets. The company is headquartered in New York, New York.
IPO Year: 2020
Exchange: NYSE
Website: fubo.tv
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/20/2024 | Mkt Perform | Barrington Research | |
8/19/2024 | Buy → Neutral | Seaport Research Partners | |
7/5/2024 | $3.00 → $2.00 | Buy | Needham |
3/4/2024 | $2.50 | Neutral → Buy | Seaport Research Partners |
12/12/2023 | $5.00 | Overweight | Cantor Fitzgerald |
10/6/2023 | Neutral | Seaport Research Partners | |
2/28/2023 | $6.00 → $3.00 | Outperform → In-line | Evercore ISI |
9/23/2022 | $6.00 | Neutral → Outperform | Wedbush |
8/17/2022 | $5.00 → $6.00 | Outperform → Neutral | Wedbush |
5/6/2022 | $7.50 → $4.25 | Buy → Neutral | ROTH Capital |
4 - fuboTV Inc. /FL (0001484769) (Issuer)
Company Achieved Year-over-Year Improvement of $110M in Net Loss and $99M in Adjusted EBITDA for the Trailing Twelve Months FuboTV Inc. (d/b/a/ Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, today announced its financial results for the third quarter ended September 30, 2024. The Company, targeting positive Free Cash Flow in 2025, delivered continued top-line growth and bottom-line improvements, including year-over-year (YoY) improvements in Net Loss of $110.1 million and Adjusted EBITDA (AEBITDA) of $98.8 million for the trailing twelve months (TTM). Fubo exceeded revenue guidance in North America, ending the third quarter with $377 million total revenue, up 21%
FuboTV Inc. (d/b/a Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, today announced that it will issue financial results for the third quarter 2024 before the market opens on November 1, 2024. Following the release, Fubo Co-founder and CEO David Gandler and CFO John Janedis will host a conference call to review results and provide a brief business and outlook update. Conference Call Details: Date: Friday, November 1, 2024 Start Time: 8:30 a.m. ET Dial-In Details: Participant Toll-Free Dial-In Number (North America): 1 (800) 715-9871 Participant Toll Dial-In Number (International): +1 (646) 307-1963 Conference ID: 9023485 The live webcast will be also available on
Company Raises Full Year 2024 Guidance in North America FuboTV Inc. (d/b/a/ Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, today announced its financial results for the second quarter ended June 30, 2024. The second quarter marked Fubo's sixth consecutive quarter of year-over-year (YoY) improvement in its global profitability metrics. In North America, the Company exceeded guidance, ending the second quarter with double digit YoY growth, delivering $382.7 million in total revenue, up 26% YoY, and 1.45 million paid subscribers, up 24% YoY. Average revenue per user (ARPU) expanded 5% YoY to $85.69. The quarter was also highlighted by a 14% increase in ad sales rev
FuboTV Inc. (d/b/a Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, today announced that it will issue financial results for the second quarter 2024 before the market opens on August 6, 2024. Following the release, Fubo Co-founder and CEO David Gandler and CFO John Janedis will host a conference call to review results and provide a brief business and outlook update. Conference Call Details: Date: Tuesday, August 6, 2024 Start Time: 8:30 a.m. ET Dial-In Details: Participant Toll-Free Dial-In Number (North America): 1 (800) 715-9871 Participant Toll Dial-In Number (International): +1 (646) 307-1963 Conference ID: 9023485 The live webcast will be also available o
Company Achieved Double Digit Year-over-Year Increases Across Key Performance Metrics in North America, Including 21% Ad Revenue Growth FuboTV Inc. (d/b/a/ Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, today announced its financial results for the first quarter ended March 31, 2024. Fubo again exceeded expectations in North America, closing the first quarter with double digit year-over-year (YoY) growth, delivering 1.511 million paid subscribers, up 18% YoY, and $394 million in total revenue, up 24% YoY. The Company continued to accelerate YoY ad revenue growth, increasing 21% in the first quarter compared to prior year. Additionally, Fubo delivered $84.54 aver
FuboTV Inc. (d/b/a Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, today announced that it will issue financial results for the first quarter 2024 before the market opens on May 3, 2024. Following the release, Fubo Co-founder and CEO David Gandler and CFO John Janedis will host a conference call to review results and provide a brief business and outlook update. Conference Call Details: Date: Friday, May 3, 2024 Start Time: 8:30 a.m. ET Dial-In Details: Participant Toll-Free Dial-In Number (North America): 1 (800) 715-9871 Participant Toll Dial-In Number (International): +1 (646) 307-1963 Conference ID: 9023485 The live webcast will be also available on the Ev
FuboTV Inc. (d/b/a/ Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, today announced its financial results for the fourth quarter and full year ended December 31, 2023. The Company exceeded guidance across key financial and operating metrics in North America, posting double digit year-over-year (YoY) revenue and subscriber growth during the fourth quarter. Fubo ended the quarter with 1.618 million paid subscribers, up 12% YoY, and $402 million in total revenue, up 29% YoY. Ad revenue in the quarter also increased double digits, closing at $38.6 million, up 15% YoY. Furthermore, ad revenue grew 14% for the full year 2023, totaling $114 million, despite an overall cha
FuboTV Inc. (d/b/a Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, today announced that it will issue financial results for the fourth quarter and full year 2023 before the market opens on March 1, 2024. Following the release, Fubo Co-founder and CEO David Gandler and CFO John Janedis will host a conference call to review results and provide a brief business and outlook update. Conference Call Details: Date: Friday, March 1, 2024 Start Time: 8:30 a.m. ET Dial-In Details: Participant Toll-Free Dial-In Number (North America): 1 (800) 715-9871 Participant Toll Dial-In Number (International): +1 (646) 307-1963 Conference ID: 9023485 The live webcast will be also
FuboTV Inc. (d/b/a/ Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, today announced its financial results for the third quarter ended September 30, 2023. The Company also raised its previously stated full year 2023 guidance for North America. Fubo achieved double digit growth versus the prior year in North America, delivering $313 million total revenue (up 43% year-over-year) and a record 1.477 million paid subscribers (up 20% year-over-year), meaningfully exceeding third quarter 2023 guidance. The Company delivered $30.3 million in North America ad revenue during the quarter, an increase of 34% year-over-year. Notably, Fubo expanded average revenue per user (ARP
FuboTV Inc. (d/b/a Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, today announced that it will issue financial results for the third quarter 2023 before the market opens on November 3, 2023. Following the release, Fubo Co-founder and CEO David Gandler and CFO John Janedis will host a conference call to review results and provide a brief business and outlook update. Conference Call Details: Date: Friday, November 3, 2023 Start Time: 8:30 a.m. ET Dial-In Details: Participant Toll-Free Dial-In Number: 1 (888) 660-6193 Participant Toll Dial-In Number: 1 (929) 203-1901 Conference ID: 6903005 The live webcast will be also available on the Events & Presentations pa
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4 - fuboTV Inc. /FL (0001484769) (Issuer)
4 - fuboTV Inc. /FL (0001484769) (Issuer)
4 - fuboTV Inc. /FL (0001484769) (Issuer)
4 - fuboTV Inc. /FL (0001484769) (Issuer)
4 - fuboTV Inc. /FL (0001484769) (Issuer)
4 - fuboTV Inc. /FL (0001484769) (Issuer)
4 - fuboTV Inc. /FL (0001484769) (Issuer)
4 - fuboTV Inc. /FL (0001484769) (Issuer)
4 - fuboTV Inc. /FL (0001484769) (Issuer)
3 - fuboTV Inc. /FL (0001484769) (Issuer)
Barrington Research reiterated coverage of fuboTV with a rating of Mkt Perform
Seaport Research Partners downgraded fuboTV from Buy to Neutral
Needham reiterated coverage of fuboTV with a rating of Buy and set a new price target of $2.00 from $3.00 previously
Seaport Research Partners upgraded fuboTV from Neutral to Buy and set a new price target of $2.50
Cantor Fitzgerald initiated coverage of fuboTV with a rating of Overweight and set a new price target of $5.00
Seaport Research Partners initiated coverage of fuboTV with a rating of Neutral
Evercore ISI downgraded fuboTV from Outperform to In-line and set a new price target of $3.00 from $6.00 previously
Wedbush upgraded fuboTV from Neutral to Outperform and set a new price target of $6.00
Wedbush downgraded fuboTV from Outperform to Neutral and set a new price target of $6.00 from $5.00 previously
ROTH Capital downgraded fuboTV from Buy to Neutral and set a new price target of $4.25 from $7.50 previously
FuboTV Inc. (d/b/a Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, today announced that on September 27, 2024, the Compensation Committee of Fubo's Board of Directors granted restricted stock unit awards covering an aggregate of 75,512 shares of its common stock to eight new employees to induce them to join Fubo. The awards were granted under Fubo's 2024 Employment Inducement Equity Incentive Plan, and vest annually over a four-year period following their grant, subject to continued employment. The awards were granted as employment inducement awards pursuant to the New York Stock Exchange rules. About Fubo With a global mission to aggregate the best in TV, includin
FuboTV Inc. (d/b/a Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, today announced that on June 17, 2024, the Compensation Committee of Fubo's Board of Directors granted restricted stock unit awards covering an aggregate of 14,591 shares of its common stock to three new employees to induce them to join Fubo. The awards were granted under Fubo's 2023 Employment Inducement Equity Incentive Plan, and vest annually over a four-year period following their grant, subject to continued employment. The awards were granted as employment inducement awards pursuant to the New York Stock Exchange rules. About Fubo With a global mission to aggregate the best in TV, including p
FuboTV Inc. (d/b/a Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, today announced that on May 16, 2024, the Compensation Committee of Fubo's Board of Directors granted restricted stock unit awards covering an aggregate of 60,039 shares of its common stock to seven new employees to induce them to join Fubo. The awards were granted under Fubo's 2023 Employment Inducement Equity Incentive Plan, and vest annually over a four-year period following their grant, subject to continued employment. The awards were granted as employment inducement awards pursuant to the New York Stock Exchange rules. About Fubo With a global mission to aggregate the best in TV, including pr
FuboTV Inc. (d/b/a Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, today announced that on March 26, 2024, the Compensation Committee of Fubo's Board of Directors granted restricted stock unit awards covering an aggregate of 39,291 shares of its common stock to seven new employees to induce them to join Fubo. The awards were granted under Fubo's 2023 Employment Inducement Equity Incentive Plan, and vest annually over a four-year period following their grant, subject to continued employment. The awards were granted as employment inducement awards pursuant to the New York Stock Exchange rules. About Fubo With a global mission to aggregate the best in TV, including
FuboTV Inc. (d/b/a/ Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, announced today the appointment of Neil Glat to its board of directors effective immediately. Glat has extensive operating and strategic experience in sports, entertainment, media and hospitality. He is the managing member of NG Strategies, LLC, providing strategic advice to sports, media and technology businesses, and most recently served as co-president, Americas for SPORTFIVE, a global sports, entertainment and marketing agency. Glat is also recognized for his significant leadership experience in professional sports, including more than seven years with the New York Jets, during which he served
FuboTV Inc. (d/b/a Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, today announced that on November 15, 2023, the Compensation Committee of Fubo's Board of Directors granted restricted stock unit awards covering an aggregate of 6,874 shares of its common stock to three new employees to induce them to join Fubo. The awards were granted under Fubo's 2023 Employment Inducement Equity Incentive Plan, and vest annually over a four-year period following their grant, subject to continued employment. The awards were granted as employment inducement awards pursuant to the New York Stock Exchange rules. About Fubo With a global mission to aggregate the best in TV, includin
Watch Official Trailer HERE The Syd + TP Show Hi-Res Assets HERE Watch Official Show Clip HERE LOS ANGELES, Sept. 18, 2023 /PRNewswire/ -- TOGETHXR, the trailblazing media and commerce company co-founded by world-renowned professional athletes Alex Morgan, Chloe Kim, Simone Manuel, and Sue Bird, proudly announces the premiere of its first unscripted comedy series, The Syd + TP Show. Set to premiere today at 9:00 pm E.T., the show promises a highly entertaining look into the lives of two extraordinary WNBA athletes, Sydney "Syd" Colson and Theresa "TP" Plaisance, through a blend of games, stunts, and interviews with celebrity friends and complete strangers. This is the first time WNBA players
NEW YORK--(BUSINESS WIRE)--fuboTV Inc. (NYSE: FUBO), the leading sports-first live TV streaming platform, has named Ali Ghanavati as head of regulatory technology for its new Fubo Gaming subsidiary. Ghanavati’s extensive gaming career includes roles as chief engineer and as deputy chief of the Technical Services Bureau (Gaming Laboratory) of the State of New Jersey Division of Gaming Enforcement, where he consulted with numerous state agencies and gaming jurisdictions regarding casino gaming regulation and standards. He joins Fubo Gaming effective immediately. In his new role, Ghanavati will collaborate with Fubo Gaming’s Chief Operating Officer Sam Rattner and the broader manage
Interactive Streaming Ads Increase Purchase Intent by 47% Across Streaming Platforms FuboTV Inc. (d/b/a Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, announced today the availability of four new interactive Connected TV (CTV) ad formats to further drive audience ad engagement. The personalized and dynamic experiences, including transactional and gamified ad formats, are part of Fubo's ongoing commitment to ad innovation and overall strategy to connect, interact with and convert premium audiences. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241118611523/en/Fubo Transactional Video Ad (Graphic: Busin
Company Achieved Year-over-Year Improvement of $110M in Net Loss and $99M in Adjusted EBITDA for the Trailing Twelve Months FuboTV Inc. (d/b/a/ Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, today announced its financial results for the third quarter ended September 30, 2024. The Company, targeting positive Free Cash Flow in 2025, delivered continued top-line growth and bottom-line improvements, including year-over-year (YoY) improvements in Net Loss of $110.1 million and Adjusted EBITDA (AEBITDA) of $98.8 million for the trailing twelve months (TTM). Fubo exceeded revenue guidance in North America, ending the third quarter with $377 million total revenue, up 21%
TEGNA (NYSE:TGNA) announced today that it has reached a new multi-year agreement with FuboTV Inc. (NYSE:FUBO), the leading sports-first live TV streaming platform. Fubo subscribers now have access to live telecasts from KFAA in Dallas, with KONG in Seattle and KTVD in Denver expected to launch in the coming days. This season, KFAA will broadcast 70 or more Dallas Mavericks games, KONG will air 70 or more Seattle Kraken games and KTVD will broadcast 20 Denver Nuggets games and 20 Colorado Avalanche games. "We're thrilled to enhance access for viewers and fans through our partnership with Fubo," said Brad Ramsey, senior vice president, media operations, TEGNA. "By leveraging Fubo's innovati
Company Offers Paramount+ With Showtime, NBA League Pass and FanDuel Sports Network (formerly Bally Sports Network) as Standalones in Addition to Current Package Options More Standalone Subscription Offerings to Come as Live TV Streaming Platform Aims to Be a Super Aggregator with Flexible Content Bundles at Multiple Price Points FuboTV Inc. (d/b/a/ Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, announced today the launch of standalone premium subscription services, enabling consumers to subscribe to select live and on demand content without a base Fubo channel plan. FanDuel Sports Network (formerly Bally Sports Network; currently live on Fubo in select markets w
Multi-Year Agreement Includes Custom Content and Product Integrations, Co-Marketing Opportunities FuboTV Inc. (d/b/a/ Fubo) (NYSE:FUBO) and The Athletic announced today an in-depth partnership making Fubo the official live TV streaming partner of The Athletic. The multi-year agreement incorporates content and product integrations as well as plans to co-market the two brands to their respective audiences. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241015292758/en/ Through the partnership, sports-first live TV streaming platform Fubo is The Athletic's first streaming partner. Fubo will be integrated into live game blogs and a
FuboTV Inc. (d/b/a Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, today announced that on September 27, 2024, the Compensation Committee of Fubo's Board of Directors granted restricted stock unit awards covering an aggregate of 75,512 shares of its common stock to eight new employees to induce them to join Fubo. The awards were granted under Fubo's 2024 Employment Inducement Equity Incentive Plan, and vest annually over a four-year period following their grant, subject to continued employment. The awards were granted as employment inducement awards pursuant to the New York Stock Exchange rules. About Fubo With a global mission to aggregate the best in TV, includin
FuboTV Inc. (d/b/a Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, today announced that it will issue financial results for the third quarter 2024 before the market opens on November 1, 2024. Following the release, Fubo Co-founder and CEO David Gandler and CFO John Janedis will host a conference call to review results and provide a brief business and outlook update. Conference Call Details: Date: Friday, November 1, 2024 Start Time: 8:30 a.m. ET Dial-In Details: Participant Toll-Free Dial-In Number (North America): 1 (800) 715-9871 Participant Toll Dial-In Number (International): +1 (646) 307-1963 Conference ID: 9023485 The live webcast will be also available on
Today's Launch Marks First vMVPD to Offer Consumers User-Generated Multiviewing on Roku FuboTV Inc. (d/b/a/ Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, announced today the launch of its popular Multiview feature in beta on select Roku devices. The beta feature is expected to launch on additional Roku devices in the coming weeks. With today's launch, Fubo is the first virtual MVPD (vMVPD) to bring user-configurable multiviewing to Roku, America's #1 streaming platform*. Fubo customers can select and stream up to four live channels simultaneously with Multiview beta. Multiview is fully customizable and available for all Fubo channels, unlike some multiviewing fea
New High-Impact Ad Placement Further Expands Interactive Ad Opportunities on Fubo's Platform FuboTV Inc. (d/b/a Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, announced it is further enhancing its ad inventory with a new proprietary Connected TV (CTV) ad format, The Triple Play. The next iteration of Fubo's continued ad innovation, The Triple Play is a unique opportunity to feature advertiser-branded video content on the highly-visible home screen of Fubo's premium CTV platform. Available in the coming days, The Triple Play will launch sponsored by a major national retailer's back-to-school campaign, providing the brand complete share of voice on Fubo's home scr
BKFC TV Is The First FAST Channel From Bare Knuckle Fighting Championship FuboTV Inc. (d/b/a Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, has launched BKFC TV, the first FAST (free ad-supported streaming TV) channel from Bare Knuckle Fighting Championship (BKFC), the world's fastest growing combat sports promotion. This marks the first time BKFC TV is available outside of the BKFC app. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240822854346/en/ Maximizing the explosive popularity of combat sports, the first-of-its-kind BKFC TV, programmed in partnership by Fubo and BKFC, showcases BKFC's all-time
Shares of ASLAN Pharmaceuticals Limited (NASDAQ:ASLN) fell sharply during Wednesday's session after the company announced that its Singapore-incorporated, sole operating subsidiary has filed for voluntary liquidation. ASLAN Pharmaceuticals shares dipped 38.7% to $0.68 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers Aptevo Therapeutics Inc. (NASDAQ:APVO) shares climbed 84% to $0.6073 after surging around 10% on Tuesday. Aptevo Therapeutics recently announced closing of $2.75 million offering. Shimmick Corporation (NASDAQ:SHIM) shares climbed 49% to $3.0173 after the company received a $27.6 million subcontract for the Sunol Valley Water Trea
U.S. stocks were mixed, with the Dow Jones index gaining around 150 points on Wednesday. Shares of U.S. Bancorp (NYSE:USB) shares rose during Wednesday's session following a second-quarter earnings beat. Revenue stood at $6.867 billion (-4.3% Y/Y), beating the consensus of $6.795 billion. Adjusted earnings per share totaled 98 cents, beating the consensus of 94 cents, according to data from Benzinga Pro. U.S. Bancorp shares gained 4.7% to $45.34 on Wednesday. Here are some other big stocks recording gains in today’s session. Aehr Test Systems (NASDAQ:AEHR) shares jumped 16.4% to $19.60 after the company reported better-than-expected Q4 financial results and issued FY25 revenu
Needham analyst Laura Martin reiterated the Buy rating on FuboTV Inc (NYSE:FUBO), lowering the price target to $2 from $3. Martin maintained the fiscal year 2024 estimates but revised the fiscal year 2025 projections due to increased marketing costs in a more competitive environment compared to the previous fiscal year. FuboTV is also likely to bear the brunt of higher cash costs attributable to the lawsuit it has filed against the new ESPN virtual MVPD. For the second quarter, the analyst sees revenue of $402.3 million (up 29% year over year), with Subscriptions revenue of $346.2 million (up 20%), and Advertisements rev of $25.4 million (up 10%). Also Read: FuboTV Gaining Popula
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Truist Securities raised the price target for Belden Inc. (NYSE:BDC) from $119 to $123. Truist Securities analyst William Stein maintained a Buy rating. Belden shares rose 0.5% to close at $92.30 on Wednesday. See how other analysts view this stock. Baird boosted the price target for Quest Diagnostics Incorporated (NYSE:DGX) from $145 to $153. Baird analyst Eric Coldwell maintained a Neutral rating. Quest Diagnostics shares gained 3.1% to close at $140.90 on Wednesday. See how other analysts view t
In the last three months, 5 analysts have published ratings on FuboTV (NYSE:FUBO), offering a diverse range of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 3 0 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 0 0 0 3M Ago 0 3 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $3.58, along with a high estimate of $5.00 and a low estimate of $2.00. This current average represents
Needham analyst Laura Martin maintains FuboTV (NYSE:FUBO) with a Buy and lowers the price target from $3 to $2.
Subscribers Gain Access To Live Daytime Events, Re-Imagined Primetime Shows, And Extensive Olympic Programming On NBC, USA Network, E!, CNBC, GOLF Channel, Telemundo, Universo, NBCOlympics.com, And NBC Sports App
FuboTV Inc. (d/b/a/ Fubo) (NYSE:FUBO), the leading sports-first live TV streaming platform, announced today the launch of its app on Comcast's entertainment platforms Xfinity Flex, Xumo Stream Box and Xumo TV.Starting today, Fubo is available to millions of Xfinity Internet households with Flex or Xumo Stream Box. The app is also available on Xumo TVs, currently sold at retail locations across the U.S. For more details, visit Comcast's blog.
FuboTV's (NYSE:FUBO) short percent of float has fallen 5.26% since its last report. The company recently reported that it has 61.25 million shares sold short, which is 21.06% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.16 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is i
- Reuters