Why Genius Brands Stock Was Up Big Today
Shares of Genius Brands (NASDAQ: GNUS) jumped 9.2% in today’s trading session, according to data from S&P Global Market Intelligence. The children’s entertainment stock gained ground amid momentum for the broader market.
Similarly, What is the short interest in gnus?
Short interest is the volume of Genius Brands International shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 47,940,000 shares of GNUS short.
Why is Genius Brands stock going down? What happened. Shares of Genius Brands International ( GNUS -4.34% ) fell on Wednesday after the children’s media company announced a major acquisition. As of 3:45 p.m. EDT, the stock was down more than 19%. Image source: Getty Images.
Thereof, Why is NAKD stock up?
Naked Brand’s (NASDAQ:NAKD) stock soared higher on Tuesday after the electric vehicle company that it is merging with announced that it has recently completed testing on its cars in Europe. The gain of 15% in NAKD stock was impressive, although shares are cooling off this morning.
What brands own genius?
Genius Brands
| Type | Public |
|---|---|
| Brands | Kid Genius Baby Genius Rainbow Rangers Spacepop |
| Services | Licensing |
| Owners | Andy Heyward (Majority stake) Sony Pictures Home Entertainment (7%) 32 Ventures |
| Divisions | Genius Brands Music Kartoon Channel Baby Genius Stan Lee Universe |
Is gnus stock shorted?
Short Shares Availability
This table shows the number of shares of US:GNUS available to be shorted at a leading prime brokerage.
What are the most shorted stocks?
Most Shorted Stocks Right Now
- Nikola Corporation (NASDAQ:NKLA) Number of Hedge Fund Holders: 12. Float Shorted: 30.02% …
- Bed Bath & Beyond Inc. (NASDAQ:BBBY) Number of Hedge Fund Holders: 17. …
- SmileDirectClub, Inc. (NASDAQ:SDC) Number of Hedge Fund Holders: 18. …
- Beyond Meat, Inc. (NASDAQ:BYND) …
- Lemonade, Inc. (NYSE:LMND)
What is short squeeze in stock market?
A short squeeze is an unusual condition that triggers rapidly rising prices in a stock or other tradable security. For a short squeeze to occur, the security must have an unusual degree of short sellers holding positions in it. The short squeeze begins when the price jumps higher unexpectedly.
How does Genius Brand make money?
Genius Brands licenses multimedia content for toddlers and tweens with its flagship network, Kartoon Channel!, available on major online media platforms like Amazon Prime, Alphabet’s Google Play, and Roku. It also earns revenue from media advisory services, advertising, and other related businesses.
Why is OCGN stock down?
Ocugen’s OCGN stock declined 3.8% on Tuesday after the FDA placed a clinical hold on a phase II/III immuno-bridging and broadening clinical study on its COVID-19 vaccine, Covaxin.
Is NAKD going to merge?
Per the terms of the merger, existing NAKD shareholders will own 30% of the combined company. Cenntro’s existing investors will hold the other 70%. That gives this deal an implied valuation of about $1.7 billion.
Did NAKD split?
That reverse stock split saw the company consolidate 15 shares of NAKD stock down to one share. The goal of the split is to get its share price up to where it needs to be for the Cenntro Automotive merger. A recent shareholder meeting saw investors in NAKD stock vote in favor of the split and the merger.
Is NAKD going out of business?
Pending shareholder approval at a special meeting on Dec. 21, Naked Brands will merge with Cenntro Automotic Group, an electric vehicle (EV) technology firm. The new company will go forward under the Cenntro name, albeit with the NAKD stock symbol. Upon finalization, Naked Brands will cease to exist.
How does Genius brand make money?
Genius Brands licenses multimedia content for toddlers and tweens with its flagship network, Kartoon Channel!, available on major online media platforms like Amazon Prime, Alphabet’s Google Play, and Roku. It also earns revenue from media advisory services, advertising, and other related businesses.
Where is genius ever company located?
Brooklyn, New York, U.S.
What does Genius Brands International do?
Genius Brands International, Inc. is a global kids media company developing, producing, marketing and licensing branded children’s entertainment properties and consumer products for media and retail distribution.
Who is shorting AMC?
Bank of America Is Shorting AMC Stock. Bank of America is on the list of the top 10 institutions shorting AMC stock. BofA is known for being an untrustworthy bank for the people, so it comes as no surprise.
Is SNDL a shorted stock?
Short Shares Availability
This table shows the number of shares of US:SNDL available to be shorted at a leading prime brokerage. It is not the total number of shares available to short, nor is it the short interest.
How do you tell if a stock is heavily shorted?
Search for the stock, click on the Statistics tab, and scroll down to Share Statistics, where you’ll find the key information about shorting, including the number of short shares for the company as well as the short ratio.
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