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NEW YORK: Disappointing sales forecasts from Hasbro Inc and Mattel Inc, the largest US toymakers, are adding to concern that the upcoming holiday shopping season will be far from cheery.
On Monday, Stifel reported a significant increase in short interest for toy manufacturers Hasbro and Mattel (NASDAQ:MAT), with jumps of 22% and 14% respectively, in the latter half of October.