NEW YORK (AVAFIN) -- Block trades help investors understand the sentiment of large financial institutions.
A total of 1,263 block trades were executed during the last trading session,
typically at least 10,000 shares or more represent a single block unit. Further analysis
reveals that 23,442,734 shares were bought and 12,579,882 shares were
sold. The bought/sold ratio for shares of SIRIUS XM Radio is 1.86, representing a
positive net cash flow of $33,870,178 into the stock.
View all Block Trading Activities
On the options side, investors traded a total of 32,450 contracts.
Specifically, 24,535 call and 7,915 put contracts were traded yesterday yielding a 0.32
put/call ratio.
The trading volume of 107M is above the 90 day average volume of 74M shares.
Shares of SIRIUS XM Radio edged up $0.02 (+0.65%) to $3.10. The price of the stock ranged
between a low of $3.06 and $3.15 respectively.
Sirius XM Radio Inc. broadcasts its music, sports, news, talk, entertainment, traffic and weather channels in the United States for a subscription fee through its proprietary satellite radio systems: the SIRIUS system and the XM system.
