Number of Shares Shorted is total amount of shares that are currently sold short by investors. When stock is sold short, the short seller assumes the responsibility of buying the stock back at a lower price. The speculator will make money if the stock goes down in price or will experience loss if the stock price goes up.
Mobile
Shares Shorted
=
Shorted by Public
+
by Institutions
=
3.54 M
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect price of the stock.
Based on recorded statements Mobile Telesystems OJSC has 3.54 M of outstending shares currently sold short by investors. This is 45.27% lower than that of Technology sector, and 43.66% lower than that of Wireless Communications industry, The Number of Shares Shorted for all stocks is 61.04% lower than the firm.
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Mobile is regarded fourth in number of shares shorted category among related companies.
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NYSE Mobile Telesystems OJSC
0.78% 
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