Nokia Oyj (NOK) Short Interest Ratio & Short Volume

Short interest is the volume of Nokia Oyj shares that have been sold short but have not yet been closed out or covered. As of November 15th, investors have sold 28,990,000 shares of NOK short. 0.52% of Nokia Oyj's shares are currently sold short. Learn More on Nokia Oyj's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. NOK shares currently have a short interest ratio of 2.0. Learn More on Nokia Oyj's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Nokia Oyj: Walleye Trading LLC, GTS Securities LLC, Wolverine Trading LLC, PEAK6 Investments LLC, Optiver Holding B.V., HAP Trading LLC, Group One Trading L.P., Cutler Group LLC CA, Barclays PLC, Sigma Planning Corp, Simplex Trading LLC, and Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.52% of Nokia Oyj's floating shares are currently sold short.

Nokia Oyj saw a increase in short interest in November. As of November 15th, there was short interest totaling 28,990,000 shares, an increase of 27.6% from the previous total of 22,720,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

0.52% of Nokia Oyj's shares are currently sold short. Here is how the short interest of companies in the sector of "computer and technology" compare to Nokia Oyj: Telefonaktiebolaget LM Ericsson (publ) (0.90%), Ubiquiti Inc. (9.75%), Motorola Solutions, Inc. (0.75%), Zoom Video Communications, Inc. (6.91%), Hewlett Packard Enterprise (2.71%), United Microelectronics Co. (2.63%), Snap Inc. (7.20%), ASE Technology Holding Co., Ltd. (0.36%), PTC Inc. (1.97%), Pinterest, Inc. (5.30%),

As of the most recent reporting period, the following stocks had the largest short interest positions: RTX Co. ($7.24 billion), T-Mobile US, Inc. ($4.02 billion), Charter Communications, Inc. ($3.72 billion), Occidental Petroleum Co. ($2.80 billion), Lululemon Athletica Inc. ($2.48 billion), Coinbase Global, Inc. ($2.38 billion), Tractor Supply ($2.35 billion), Rivian Automotive, Inc. ($1.79 billion), Royal Caribbean Cruises Ltd. ($1.73 billion), and Moderna, Inc. ($1.71 billion). View all of the most shorted stocks.

Short selling NOK is an investing strategy that aims to generate trading profit from Nokia Oyj as its price is falling. NOK shares are trading up $0.03 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Nokia Oyj occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of NOK, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including NOK, twice per month. The most recent reporting period available is November, 15 2023.