It Seems Sirius XM Holdings Inc (NASDAQ:SIRI) Will Go Down. Just Reported More Shorted Shares

Sirius XM Holdings Inc. (NASDAQ:SIRI) Logo

Investors sentiment increased to 1.25 in 2018 Q3. Its up 0.10, from 1.15 in 2018Q2. It increased, as 38 investors sold Sirius XM Holdings Inc. shares while 114 reduced holdings. 77 funds opened positions while 113 raised stakes. 741.01 million shares or 6.98% less from 796.60 million shares in 2018Q2 were reported.
Fmr Lc stated it has 20.41M shares. Illinois-based Optimum Invest Advisors has invested 0.22% in Sirius XM Holdings Inc. (NASDAQ:SIRI). Vantage Ltd Limited Liability Company holds 7,925 shares or 0.01% of its portfolio. Voya Investment Management invested in 0.01% or 396,071 shares. Capital Financial Advisers Lc has invested 0.01% of its portfolio in Sirius XM Holdings Inc. (NASDAQ:SIRI). The Illinois-based Hightower Advsr Ltd Liability Corporation has invested 0.01% in Sirius XM Holdings Inc. (NASDAQ:SIRI). Pinnacle Associates Limited reported 0.01% in Sirius XM Holdings Inc. (NASDAQ:SIRI). British Columbia Inv Corp holds 0.06% or 891,820 shares. Scotia Capital has invested 0% in Sirius XM Holdings Inc. (NASDAQ:SIRI). Next Fin Gru has 300 shares for 0% of their portfolio. Pentwater Capital Management Limited Partnership owns 144,000 shares for 0.01% of their portfolio. Goldman Sachs Grp Inc invested in 7.42 million shares. Teacher Retirement Of Texas has 0.21% invested in Sirius XM Holdings Inc. (NASDAQ:SIRI) for 4.69M shares. Cetera Advsrs Lc owns 17,859 shares. Hbk Sorce Advisory Ltd Co invested in 0.02% or 29,564 shares.

The stock of Sirius XM Holdings Inc (NASDAQ:SIRI) registered an increase of 4.67% in short interest. SIRI’s total short interest was 202.45 million shares in January as published by FINRA. Its up 4.67% from 193.42M shares, reported previously. With 26.81 million shares average volume, it will take short sellers 8 days to cover their SIRI’s short positions. The short interest to Sirius XM Holdings Inc’s float is 17.16%.

The stock increased 3.33% or $0.19 during the last trading session, reaching $5.9. About 1,303 shares traded. Sirius XM Holdings Inc. (NASDAQ:SIRI) has risen 10.12% since January 3, 2018 and is uptrending. It has outperformed by 10.12% the S&P500.

Sirius XM Holdings Inc. provides satellite radio services in the United States. The company has market cap of $25.82 billion. The firm broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, including various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and limited run channels. It has a 29.95 P/E ratio. It also streams music and non-music channels over the Internet; and offer applications to allow clients to access its Internet radio service on smartphones, tablets, computers, home devices, and other consumer electronic equipment.

Sirius XM Holdings Inc. (NASDAQ:SIRI) Ratings Coverage

Among 3 analysts covering Sirius XM Holdings (NASDAQ:SIRI), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Sirius XM Holdings had 4 analyst reports since July 11, 2018 according to SRatingsIntel. The stock of Sirius XM Holdings Inc. (NASDAQ:SIRI) has “Underweight” rating given on Monday, August 6 by Morgan Stanley. JP Morgan upgraded the stock to “Overweight” rating in Wednesday, January 2 report. The stock of Sirius XM Holdings Inc. (NASDAQ:SIRI) has “Neutral” rating given on Tuesday, September 25 by Credit Suisse.

More notable recent Sirius XM Holdings Inc. (NASDAQ:SIRI) news were published by: Nasdaq.com which released: “Tuning Out SiriusXM’s (SIRI) Takeover Bid For Pandora (P) Is a Mistake – Nasdaq” on September 25, 2018, also Nasdaq.com with their article: “Sirius XM (SIRI) Q3 Earnings and Revenues Top Estimates – Nasdaq” published on October 24, 2018, Nasdaq.com published: “Should You Buy Sirius XM (SIRI) Ahead of Earnings? – Nasdaq” on October 23, 2018. More interesting news about Sirius XM Holdings Inc. (NASDAQ:SIRI) were released by: Nasdaq.com and their article: “Sirius XM Stock: Next Stop, $8? – Nasdaq” published on June 14, 2018 as well as Nasdaq.com‘s news article titled: “Siri Gets Much Smarter as Apple’s Investments Pay Off – Nasdaq” with publication date: December 28, 2018.

Sirius XM Holdings Inc. (NASDAQ:SIRI) Ratings Chart

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