Short Interest in BAB, Inc. (OTCMKTS:BABB) Expands By 413.3%

BAB, Inc. (OTCMKTS:BABB) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 7,700 shares, a growth of 413.3% from the December 15th total of 1,500 shares. Based on an average daily volume of 34,300 shares, the short-interest ratio is currently 0.2 days.

BAB Stock Performance

OTCMKTS BABB traded up $0.02 during mid-day trading on Monday, reaching $0.87. 7,447 shares of the stock were exchanged, compared to its average volume of 20,869. The company has a market capitalization of $6.32 million, a P/E ratio of 12.43 and a beta of 0.02. The business’s 50 day moving average is $0.83 and its 200-day moving average is $0.81. BAB has a 1 year low of $0.67 and a 1 year high of $0.97.

BAB Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Monday, December 23rd were given a $0.02 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a boost from BAB’s previous quarterly dividend of $0.01. This represents a $0.08 dividend on an annualized basis and a dividend yield of 9.20%. BAB’s payout ratio is 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.