Spin Master Corp. (OTCMKTS:SNMSF – Get Free Report) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 361,272 shares, an increase of 77.1% from the June 30th total of 204,042 shares. Based on an average trading volume of 8,558 shares, the days-to-cover ratio is presently 42.2 days.
Spin Master Trading Down 10.8%
SNMSF traded down $1.80 on Thursday, reaching $14.79. The company’s stock had a trading volume of 653 shares, compared to its average volume of 15,205. Spin Master has a 1 year low of $12.65 and a 1 year high of $16.94. The business’s 50 day moving average is $14.32 and its 200 day moving average is $14.00.
About Spin Master
Spin Master is a diversified global children’s entertainment company specializing in the design, development and marketing of toys, games and digital content. The company’s product portfolio spans a broad range of categories, including action figures, preschool toys, outdoor and lifestyle toys, puzzles and games. Beyond traditional play patterns, Spin Master has expanded its reach into interactive and technology-driven products that engage children across physical and digital platforms.
Among its signature brands are PAW Patrol, the animated rescue pup franchise that has become a staple of children’s programming and merchandising worldwide; Hatchimals, the line of interactive creatures that debuted in 2016; and Air Hogs, known for innovative remote-control vehicles.
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