Spin Master Corp. (OTCMKTS:SNMSF) Short Interest Up 15.9% in October

Spin Master Corp. (OTCMKTS:SNMSF) was the target of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 819,000 shares, an increase of 15.9% from the October 15th total of 706,800 shares. Based on an average daily volume of 9,500 shares, the days-to-cover ratio is presently 86.2 days.

Spin Master Stock Performance

Shares of SNMSF remained flat at $22.19 during trading hours on Friday. 7,224 shares of the stock were exchanged, compared to its average volume of 5,018. The stock has a 50-day moving average of $22.60 and a two-hundred day moving average of $22.19. Spin Master has a 1 year low of $20.56 and a 1 year high of $26.76.

Spin Master Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 11th. Shareholders of record on Monday, September 30th were given a $0.0867 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a yield of 1.51%.

Spin Master Company Profile

Spin Master Corp., a children’s entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The Toys segment’s product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products.