Yes that is the little M27 Finn cavalry carbine.
They are very valuable, I believe they are the most expensive Mosin Nagant.
I know a guy on another forum who picked one up in a pawn shop for $200!
You may be assured that it was used in WW2, either by Finn cavalry or by Finn ski troops.
The Finns had 8 different models of the Mosin Nagant that they used with great effectiveness against the Russians in WW2.
Most of the fighting occurred early in the war, it is called The Winter War.
Finn sniper Simo Haya set a record with 535 kills during the Winter War, he used the M28.
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