bebe stores, inc. (OTCMKTS:BEBE) Sees Large Drop in Short Interest

bebe stores, inc. (OTCMKTS:BEBE) was the target of a significant drop in short interest in November. As of November 15th, there was short interest totalling 300 shares, a drop of 70.0% from the October 31st total of 1,000 shares. Based on an average daily trading volume, of 40,700 shares, the days-to-cover ratio is currently 0.0 days.

bebe stores Stock Performance

Shares of BEBE traded down $0.08 during midday trading on Wednesday, reaching $1.24. The stock had a trading volume of 62,807 shares, compared to its average volume of 9,111. The firm has a 50 day simple moving average of $2.76 and a 200-day simple moving average of $2.45. bebe stores has a one year low of $0.91 and a one year high of $5.50.

bebe stores Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, November 22nd. Investors of record on Monday, November 11th were issued a dividend of $2.00 per share. The ex-dividend date of this dividend was Monday, November 25th. This is a boost from bebe stores’s previous dividend of $0.02.

About bebe stores

bebe stores, inc. does not have significant operations. Previously, it was engaged in the design, development, and production of women's apparel and accessories. The company marketed its products under the bebe and BEBE SPORT brand names through its retail stores; bebe.com, an online store; and 39 bebe outlet stores.