Short Interest in BAB, Inc. (OTCMKTS:BABB) Decreases By 84.8%

BAB, Inc. (OTCMKTS:BABB) was the target of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 700 shares, a decrease of 84.8% from the February 28th total of 4,600 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 20,600 shares, the days-to-cover ratio is currently 0.0 days.

BAB Stock Up 4.9 %

BABB stock traded up $0.04 during midday trading on Friday, hitting $0.83. The company’s stock had a trading volume of 1,469 shares, compared to its average volume of 12,044. The firm has a 50-day simple moving average of $0.86 and a 200-day simple moving average of $0.83. The firm has a market capitalization of $6.03 million, a P/E ratio of 13.84 and a beta of 0.01. BAB has a 52-week low of $0.71 and a 52-week high of $1.04.

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

BAB Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, March 24th will be issued a $0.01 dividend. The ex-dividend date of this dividend is Monday, March 24th. This represents a $0.04 annualized dividend and a yield of 4.82%. BAB’s dividend payout ratio (DPR) is 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.