Short Interest Rises as Nokia Battles Interdigital, Apple - trackseekingalpha

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Short Interest Rises as Nokia Battles Interdigital, Apple
Oct 28, 2009 07:59 AM UTC

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Symbol	Sentiment	Start	Return	Closed
GOOG	n/a
IDCC	n/a
AAPL	n/a
NOK	n/a

Via Short Stock Ideas from Seeking Alpha:

Nokia announced losses last week. This sector is attracting a lot of attention - Nokia has been unsuccessfully challenged by Interdigital (IDCC) over patent infringement; and Nokia (NOK) in turn is mounting a legal IP challenge to Apple (AAPL). Market interest has also been sparked by the new Google (GOOG) Android phone. The short base in Nokia stands at 3.8%, up from 2.5% a week ago. The proportion of lendable currently being utilized is 15%. For the full report click here.

Interdigital has seen a sharp rise in short seller interest following the ITC ruling that Nokia did not infringe its patents. The short base currently stands at 8%, and 38% of the available inventory is being utilized. For the full report click here.

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