Short Interest in BAB, Inc. (OTCMKTS:BABB) Drops By 20.7%

BAB, Inc. (OTCMKTS:BABB) was the recipient of a large decrease in short interest in February. As of February 28th, there was short interest totalling 4,600 shares, a decrease of 20.7% from the February 13th total of 5,800 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 22,600 shares, the days-to-cover ratio is presently 0.2 days.

BAB Stock Performance

OTCMKTS:BABB opened at $0.83 on Tuesday. The stock’s fifty day moving average price is $0.86 and its two-hundred day moving average price is $0.83. BAB has a 52-week low of $0.67 and a 52-week high of $1.04. The company has a market cap of $6.01 million, a price-to-earnings ratio of 13.78 and a beta of 0.01.

BAB (OTCMKTS:BABB) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $0.95 million for the quarter. BAB had a return on equity of 16.39% and a net margin of 14.84%.

BAB Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 24th will be paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 4.84%. The ex-dividend date is Monday, March 24th. BAB’s dividend payout ratio (DPR) is currently 66.67%.

About BAB

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.