Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Nokia
Short Ratio
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Short Interest
Average Trading Volume
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5.50 times
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Based on latest financial disclosure Nokia Corporation has Short Ratio of 5.5 times. This is 77.42% higher than that of Technology sector, and 214.29% higher than that of Communication Equipment industry, The Short Ratio for all stocks is 254.84% lower than the firm.
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Short Ratio Comparison
Nokia is regarded third in short ratio category among related companies.
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NYSE Nokia Corporation
0.17%
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