Sirius XM Sees Rise in Short Interest, Indicating Increased Bearish Sentiment

Sirius XM Holdings Inc. saw its short interest rise 3.33% since the last report.

Currently, 30.78 million shares are sold short. This volume represents 14.89% of the company's float.

The increase in short interest signals growing bearish sentiment among investors. Despite this rise, SIRI's short interest percentage remains below the peer group average of 20.56%.

Based on current trading volumes, traders require approximately 8.14 days to cover their short positions.