Will Jakks Pacific Inc (NASDAQ:JAKK) Run Out of Steam Soon? Short Interest is Up

JAKKS Pacific, Inc. (NASDAQ:JAKK) Logo

The stock of Jakks Pacific Inc (NASDAQ:JAKK) registered an increase of 7.08% in short interest. JAKK’s total short interest was 2.16M shares in October as published by FINRA. Its up 7.08% from 2.02 million shares, reported previously. With 61,700 shares average volume, it will take short sellers 35 days to cover their JAKK’s short positions. The short interest to Jakks Pacific Inc’s float is 12.31%.

The stock increased 0.83% or $0.0063 during the last trading session, reaching $0.7613. About 15,595 shares traded. JAKKS Pacific, Inc. (NASDAQ:JAKK) has declined 62.65% since October 12, 2018 and is downtrending. It has underperformed by 62.65% the S&P500.

JAKKS Pacific, Inc. develops, produces, and markets consumer products worldwide. The company has market cap of $24.76 million. It operates through three divisions: U.S. and Canada, International, and Halloween. It currently has negative earnings. The firm offers action figures and accessories, including licensed characters; toy vehicles and accessories; electronics products, such as spy products and video games; dolls and accessories, including small dolls, large dolls, fashion dolls, and baby dolls based on licenses, as well as infant and pre-school toys; private label products; foot-to-floor ride-on toys, inflatable environments, tents, and wagons; and pet products, including toys, consumables, and accessories.

More notable recent JAKKS Pacific, Inc. (NASDAQ:JAKK) news were published by: Businesswire.com which released: “C’est Moi Announces Actor, Host, and Award Winning Content Creator LIZA KOSHY as Official Brand Ambassador – Business Wire” on August 12, 2019, also Nasdaq.com with their article: “JAKKS Pacific (JAKK) Stock Gains on Just Play’s Buyout Offer – Nasdaq” published on October 10, 2019, Finance.Yahoo.com published: “JAKKS Pacific (JAKK) Reports Wider-Than-Expected Q2 Loss – Yahoo Finance” on August 12, 2019. More interesting news about JAKKS Pacific, Inc. (NASDAQ:JAKK) were released by: Businesswire.com and their article: “SEGA of America Taps JAKKS Pacific as Global Toy Partner for Sonic the Hedgehog – Business Wire” published on February 13, 2019 as well as Streetinsider.com‘s news article titled: “JAKKS Pacific (JAKK) is Said to Get Offer from Alleghany (Y) – Bloomberg – StreetInsider.com” with publication date: September 05, 2019.

JAKKS Pacific, Inc. (NASDAQ:JAKK) Ratings Chart

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