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boglin

n. Any of a family of grotesque rubbery hand puppets.

Wikipedia
Boglin

Boglins were a series of toy puppets distributed by Mattel. They were created by Tim Clarke, Maureen Trotto, and Larry Mass, and Licensed by Seven towns. The original run of Boglins was released in 1987, coinciding with a "creatures" craze that included Ghoulies, Critters, and Gremlins. Boglins were made of flexible rubber and could be manipulated to represent speech and facial expressions. Several series of Boglins were released, themed around goblins, aquatic creatures, and Halloween, or with tufts of hair.