Short Interest in BAB, Inc. (OTCMKTS:BABB) Expands By 413.3%

BAB, Inc. (OTCMKTS:BABB) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 7,700 shares, a growth of 413.3% from the December 31st total of 1,500 shares. Based on an average daily volume of 34,300 shares, the days-to-cover ratio is currently 0.2 days.

BAB Stock Performance

BABB opened at $0.90 on Wednesday. The company’s 50-day simple moving average is $0.85 and its two-hundred day simple moving average is $0.82. The stock has a market capitalization of $6.52 million, a P/E ratio of 12.50 and a beta of 0.02. BAB has a 52-week low of $0.67 and a 52-week high of $1.04.

BAB Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Monday, December 23rd were given a dividend of $0.02 per share. This is an increase from BAB’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $0.08 dividend on an annualized basis and a yield of 8.90%. BAB’s dividend payout ratio is 57.15%.

BAB Company Profile

BAB, Inc franchises and licenses bagel and muffin retail units under the Big Apple Bagels (BAB), My Favorite Muffin (MFM), and SweetDuet (SD) trade names in the United States. It's BAB franchised brand includes daily baked bagels, flavored cream cheeses, premium coffees, gourmet bagel sandwiches, and other related products; and MFM brand comprises various freshly baked muffins and coffees, as well as units operating as My Favorite Muffin Your All Day Bakery Café features specialty bagel sandwiches and related products.