Nokia Short Ratio

  

Short Ratio Analysis

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 
 = 
Short Interest 
Average Trading Volume 
 = 
2.22 times

Distress Driver Correlations

About Short Ratio

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.
Compare Nokia to competition

Nokia Short Ratio Assessment

Ratio  
Benchmark  Embed   Nokia Comparables 
Based on latest financial disclosure Nokia Corporation has Short Ratio of 2.22 times. This is 22.92% lower than that of the Technology sector, and 12.6% lower than that of Communication Equipment industry, The Short Ratio for all stocks is 30.59% lower than the firm.
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Found 10 equities

Short Ratio

ERIC-B STOEricsson
0.0 times
QCOM NMSQUALCOMM Incorporated
1.35 times
NOK NYQNokia Corporation
2.22 times
HRS NYQHarris Corporation
2.87 times
COMM NMSCommScope Holding Company Inc
5.26 times
VOC ASXVocus Communications Limited
0.0 times
ARRS NMSARRIS International plc
1.68 times
SATS NMSEchoStar Corp
3.67 times
VSAT NMSViaSat Inc
18.94 times
CIEN NYQCiena Corporation
3.71 times
You can backtest this sub-set of assets as a synthetic portfolio or check its risk adjusted returns  
Peer Comparison
Nokia Short Ratio Comparison
Short Ratio  
Benchmark  Embed   Nokia Comparables 
Nokia is rated below average in short ratio category among related companies.
Return On Equity12.48 %
Return On Asset5.71 %
Profit Margin19.73 %
Operating Margin15.33 %
Current Valuation14.12 B
Shares Outstanding3.94 B
Number of Shares Shorted30.68 M
Price to Earning13.80 times
Price to Book1.94 times
Price to Sales1.62 times
Revenue14.21 B
Gross Profit5.92 B
EBITDA2.5 B
Net Income1.36 B
Cash and Equivalents11.32 B
Cash per Share2.87 times
Total Debt2.36 B
Debt to Equity0.20 times
Current Ratio2.48 times
Book Value Per Share3.02 times
Cash Flow from Operations576.46 M
Short Ratio2.22 times
One Year High8.02
One Year Low5.71
Earnings Per Share0.72 times
Price to Earnings To Growth2.11 times
Number of Employees55.72 K
Beta1.45
Market Capitalization23.91 B
Total Asset22.73 B
Retained Earnings6.82 B
Working Capital10.25 B
Current Asset17.19 B
Current Liabilities6.94 B
Z Score6.0