It Seems Jakks Pacific Inc (NASDAQ:JAKK) Will Go Down. Just Reported More Shorted Shares

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 September as published by FINRA. Its up 7.08% from 2.02M 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 1.22% or $0.01 during the last trading session, reaching $0.83. About 6,544 shares traded. JAKKS Pacific, Inc. (NASDAQ:JAKK) has declined 62.65% since September 13, 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 $27.00 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: Globenewswire.com which released: “JAKKS Pacific to Participate in the 8th Annual Gateway Investor Conference on September 5, 2019 – GlobeNewswire” on August 22, 2019, also Businesswire.com with their article: “JAKKS Pacific Announces Completion of Recapitalization – Business Wire” published on August 09, 2019, Nasdaq.com published: “Solid Demand for Educational Toys to Drive Toys & Games Industry – Nasdaq” on July 15, 2019. More interesting news about JAKKS Pacific, Inc. (NASDAQ:JAKK) were released by: Seekingalpha.com and their article: “More closures for Toys ‘R’ Us – Seeking Alpha” published on February 22, 2018 as well as Businesswire.com‘s news article titled: “JAKKS Pacific Announces Second Quarter 2019 Earnings Call – Business Wire” with publication date: August 08, 2019.

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

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