Spin Master Corp. (OTCMKTS:SNMSF) Short Interest Update

Spin Master Corp. (OTCMKTS:SNMSF) was the target of a large growth in short interest in August. As of August 31st, there was short interest totalling 552,300 shares, a growth of 26.6% from the August 15th total of 436,100 shares. Based on an average daily volume of 5,800 shares, the days-to-cover ratio is currently 95.2 days.

Spin Master Stock Down 3.6 %

Shares of Spin Master stock traded down $0.80 during midday trading on Monday, reaching $21.26. 17,600 shares of the company’s stock traded hands, compared to its average volume of 4,341. The company’s 50 day simple moving average is $22.55 and its 200 day simple moving average is $22.63. Spin Master has a 52 week low of $20.56 and a 52 week high of $27.41.

Spin Master Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, July 12th. Stockholders of record on Monday, July 1st were issued a dividend of $0.0875 per share. The ex-dividend date of this dividend was Friday, June 28th. This represents a dividend yield of 1.63%. This is an increase from Spin Master’s previous dividend of $0.04.

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.