Comment on 3 Reasons Why You Shouldn't Bet Against Sirius XM Stock

3 Reasons Why You Shouldn't Bet Against Sirius XM Stock

Sirius XM Holdings (NASDAQ: SIRI) hit 11-year highs earlier this month -- fortified after posting another blowout quarter in late July -- but it doesn't mean the naysayers have gone away. There were a whopping 266.5 million shares of the satellite radio provider sold short at the end of July, its highest short interest on the investment since mid-March.Short interest on Sirius XM has risen by 20% over the past year, but that's just one data point.

 

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