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

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

BAB Trading Down 6.9 %

Shares of OTCMKTS BABB opened at $0.79 on Thursday. The stock has a market cap of $5.75 million, a P/E ratio of 13.19 and a beta of 0.01. BAB has a twelve month low of $0.71 and a twelve month high of $1.04. The stock has a 50 day moving average of $0.86 and a two-hundred day moving average of $0.83.

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

BAB Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, March 24th will be paid a $0.01 dividend. The ex-dividend date of this dividend is Monday, March 24th. This represents a $0.04 annualized dividend and a dividend yield of 5.06%. 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.