Short Interest in Spin Master Corp. (OTCMKTS:SNMSF) Declines By 15.6%

Spin Master Corp. (OTCMKTS:SNMSF) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 631,000 shares, a drop of 15.6% from the February 13th total of 747,700 shares. Based on an average daily trading volume, of 6,000 shares, the short-interest ratio is currently 105.2 days.

Spin Master Stock Performance

OTCMKTS:SNMSF traded down $0.13 during trading hours on Wednesday, reaching $17.83. 3,987 shares of the company were exchanged, compared to its average volume of 7,122. The stock has a 50 day simple moving average of $20.70 and a 200 day simple moving average of $22.13. Spin Master has a 52-week low of $17.83 and a 52-week high of $25.75.

Spin Master Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 10th. Shareholders of record on Monday, December 30th were given a dividend of $0.0861 per share. This represents a yield of 1.49%. The ex-dividend date of this dividend was Friday, December 27th.

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.