As the time of “sell in May and go away” arrived, it seems the short sellers were neither strongly for nor against the notion, as least as far as the most heavily…
The most shorted of Nasdaq stock, Sirius XM, bucked the trend with a sharp increase in the number of its shares short.
24/7 Wall St. wanted to see what analysts have to say about the Sirius XM first-quarter report.
Jon C. Ogg Sirius XM reported its first-quarter financial results and subscriber additions before the markets opened on Thursday.
Chris Lange The largest decline among the top five most shorted Nasdaq stocks was in the shares of biopharmaceutical company MannKind. Intel’s short interest was essentially the same as at the end of March.
The top analyst upgrades, downgrades and initiations seen on Tuesday morning include Broadcom, Caterpillar, Sirius XM, Newmont, Palo Alto, Perrigo, Sarepta and Xerox.
The interest in the five most heavily shorted stocks traded on the Nasdaq declined between the March 15 and March 31 settlement dates. Leading that trend was AMD.
Sirius XM announced Monday morning that its total subscriber base has now surpassed 30 million, a record high.
Paul Ausick 24/7 Wall St. has put together a preview Rite Aid, Walgreens and some of the major companies reporting their quarterly results this week.
Interest in the most heavily shorted stocks traded on the Nasdaq rose, for the most part, between the February 29 and March 15 settlement dates. Leading that trend was Intel.
Many of the most heavily shorted stocks traded on the Nasdaq saw their short interest dwindle between the February 12 and February 29 settlement dates. Yet a few stocks bucked that trend.
When it came to the most heavily shorted stocks traded on the Nasdaq, short sellers appeared to be remain cautious.
Bucking the short interest trend in late January were Frontier Communications, MannKind and Groupon.
It seems that the caution in the stock market has made Sirius XM investors a bit more cautious after its earnings report. Shares lost more than 7% of their value in the…
Jon C. Ogg Bank of America Merrill Lynch has reiterated its Buy rating on Sirius XM, and the firm sees the stock valued at $5.00.
Jon C. Ogg 
