Mattel, Inc. (MAT) Short Interest Update
Mattel, Inc. (NASDAQ:MAT) was the recipient of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 68,670,306 shares, a decrease of 9.3% from the November 15th total of 75,676,719 shares. Approximately 20.0% of the shares of the stock are sold short. Based on an average daily volume of 7,268,981 shares, the short-interest ratio is presently 9.4 days.
Shares of Mattel (NASDAQ:MAT) opened at $15.48 on Friday. Mattel has a 52-week low of $12.71 and a 52-week high of $31.60. The company has a market capitalization of $5,582.17, a price-to-earnings ratio of 108.27 and a beta of 1.00. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.89 and a current ratio of 1.32.
Mattel (NASDAQ:MAT) last announced its quarterly earnings data on Thursday, October 26th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.49). Mattel had a negative net margin of 11.73% and a positive return on equity of 2.51%. The company had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.82 billion. During the same quarter last year, the company posted $0.70 EPS. Mattel’s revenue was down 13.1% on a year-over-year basis. sell-side analysts forecast that Mattel will post -0.09 earnings per share for the current fiscal year.
Several large investors have recently made changes to their positions in the company. Highlander Capital Management LLC acquired a new stake in Mattel during the 2nd quarter valued at $105,000. Penserra Capital Management LLC raised its stake in Mattel by 26.6% during the 2nd quarter. Penserra Capital Management LLC now owns 6,117 shares of the company’s stock valued at $131,000 after purchasing an additional 1,287 shares during the period. Zeke Capital Advisors LLC acquired a new stake in Mattel during the 3rd quarter valued at $163,000. Hartland & Co. LLC acquired a new stake in Mattel during the 3rd quarter valued at $165,000. Finally, ETF Managers Group LLC acquired a new stake in Mattel during the 2nd quarter valued at $195,000. Institutional investors own 93.86% of the company’s stock.
TRADEMARK VIOLATION NOTICE: This story was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another publication, it was copied illegally and republished in violation of U.S. & international trademark & copyright legislation. The legal version of this story can be accessed at https://www.watchlistnews.com/mattel-inc-mat-short-interest-update/1768790.html.
Mattel, Inc manufactures and markets a range of toy products around the world. The Company’s segments are North America; International, and American Girl. Its portfolio of brands and products are grouped into approximately four major brand categories, including Mattel Girls & Boys Brands, Fisher-Price Brands, American Girl Brands and Construction and Arts & Crafts Brands.
Receive News & Ratings for Mattel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mattel and related companies with MarketBeat.com's FREE daily email newsletter.