BAB, Inc. (OTCMKTS:BABB) Short Interest Update

BAB, Inc. (OTCMKTS:BABB) was the target of a significant growth in short interest in 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 trading volume, of 34,300 shares, the short-interest ratio is presently 0.2 days.

BAB Stock Performance

Shares of OTCMKTS BABB traded up $0.01 during mid-day trading on Thursday, hitting $0.91. 4,596 shares of the stock traded hands, compared to its average volume of 20,419. The stock has a fifty day moving average price of $0.85 and a 200-day moving average price of $0.82. The company has a market cap of $6.62 million, a price-to-earnings ratio of 13.02 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 company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Monday, December 23rd were issued a $0.02 dividend. This is a positive change from BAB’s previous quarterly dividend of $0.01. This represents a $0.08 dividend on an annualized basis and a yield of 8.78%. The ex-dividend date was Monday, December 23rd. BAB’s payout ratio is presently 57.15%.

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.