Short interest in Nokia Oyj (NYSE:NOK) increased during the last reporting period, rising from 48.80M to 58.43M. This put 1.08% of the company's publicly available shares short.
Short interest for Nokia gives investors a sense of the degree to which investors are betting on the decline of Nokia's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 28.74M shares traded per day, it would take 2.03 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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