Short Interest in BAB, Inc. (OTCMKTS:BABB) Declines By 22.2%

BAB, Inc. (OTCMKTS:BABB) was the recipient of a significant drop in short interest in November. As of November 30th, there was short interest totalling 4,200 shares, a drop of 22.2% from the November 15th total of 5,400 shares. Based on an average daily trading volume, of 15,800 shares, the short-interest ratio is presently 0.3 days.

BAB Stock Performance

BABB remained flat at $0.87 during midday trading on Friday. The company’s stock had a trading volume of 16,883 shares, compared to its average volume of 5,751. The company has a market cap of $6.31 million, a P/E ratio of 12.41 and a beta of 0.03. BAB has a 1 year low of $0.67 and a 1 year high of $0.90. The stock has a 50 day moving average of $0.81 and a two-hundred day moving average of $0.80.

BAB (OTCMKTS:BABB) last announced its quarterly earnings results on Friday, October 4th. The company reported $0.02 earnings per share (EPS) for the quarter. BAB had a return on equity of 16.96% and a net margin of 15.28%. The business had revenue of $0.87 million during the quarter.

BAB Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Monday, December 23rd will be issued a $0.02 dividend. The ex-dividend date is Monday, December 23rd. This represents a $0.08 annualized dividend and a dividend yield of 9.20%. This is an increase from BAB’s previous quarterly dividend of $0.01. BAB’s dividend payout ratio is currently 57.14%.

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.