Two Sigma Investments, a New York-based quantitative investment firm, disclosed a new public short position in Nokia. This position amounts to 0.51 percent of Nokia's share capital.
The Finnish Financial Supervisory Authority's register revealed this information. The register mandates publication for short positions exceeding 0.5 percent.
Two Sigma is now one of two public short sellers in the telecommunications equipment company. The data-driven asset manager's move indicates a bearish outlook on Nokia's stock.