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

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

Spin Master Price Performance

Shares of Spin Master stock traded down $0.13 during mid-day trading on Wednesday, hitting $17.83. 3,987 shares of the stock were exchanged, compared to its average volume of 7,122. Spin Master has a twelve month low of $17.83 and a twelve month high of $25.75. The company has a 50-day simple moving average of $20.70 and a 200 day simple moving average of $22.13.

Spin Master Cuts Dividend

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

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.