Short Interest in Spin Master Corp. (OTCMKTS:SNMSF) Increases By 15.9%

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

Spin Master Stock Performance

SNMSF remained flat at $22.19 on Friday. The company had a trading volume of 7,224 shares, compared to its average volume of 5,018. The company’s 50-day moving average is $22.60 and its two-hundred day moving average is $22.19. Spin Master has a 12 month low of $20.56 and a 12 month high of $26.76.

Spin Master Cuts Dividend

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

About Spin Master

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.