Genius Brands International, Inc. (NASDAQ:GNUS) Short Interest Update

Genius Brands International, Inc. (NASDAQ:GNUS) saw a large growth in short interest in June. As of June 30th, there was short interest totalling 49,620,000 shares, a growth of 19.3% from the June 15th total of 41,590,000 shares. Approximately 17.3% of the company’s stock are short sold. Based on an average daily volume of 11,860,000 shares, the days-to-cover ratio is currently 4.2 days.

Hedge funds have recently added to or reduced their stakes in the company. Financial Advocates Investment Management boosted its position in shares of Genius Brands International by 9.2% during the 1st quarter. Financial Advocates Investment Management now owns 186,652 shares of the company’s stock worth $362,000 after purchasing an additional 15,750 shares in the last quarter. IndexIQ Advisors LLC bought a new position in Genius Brands International in the 1st quarter valued at about $376,000. Parallax Volatility Advisers L.P. bought a new position in Genius Brands International in the 1st quarter valued at about $2,274,000. LMR Partners LLP bought a new position in Genius Brands International in the 4th quarter valued at about $30,000. Finally, XTX Topco Ltd bought a new position in Genius Brands International in the 1st quarter valued at about $96,000. 12.90% of the stock is currently owned by institutional investors.

GNUS stock opened at $1.71 on Thursday. The stock’s 50-day moving average is $1.76. Genius Brands International has a 1 year low of $0.95 and a 1 year high of $3.12.

Genius Brands International (NASDAQ:GNUS) last released its quarterly earnings data on Tuesday, May 18th. The company reported ($0.27) earnings per share (EPS) for the quarter. The company had revenue of $1.06 million for the quarter. Genius Brands International had a negative return on equity of 86.89% and a negative net margin of 14,702.37%.

Genius Brands International Company Profile

Genius Brands International, Inc, a content and brand management company, creates and licenses multimedia content for toddlers to tweens worldwide. The company offers Rainbow Rangers, an animated series about the adventures of seven magical girls; Llama Llama, an animated series; SpacePop is a music and fashion driven animated property; Thomas Edison's Secret Lab, a STEM-based comedy adventure series; and Warren Buffet's Secret Millionaire's Club, an animated series for kids.

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