Sirius Hedge-Fund Sellers Outnumber Buyers

TheStreet – Sirius XM Radio was a popular pick for hedge fund managers to both buy and sell during the first quarter, a period during which the satellite-radio provider’s share price rose by only 2 cents.

It’s rare for Sirius XM shares to end up little changed during a three-month period. The stock has almost doubled over the past year and, from its bottom a little more than two years ago, the shares have rocketed more than 20-fold.

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