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

BAB, Inc. (OTCMKTS:BABB) saw a significant growth in short interest during 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 trading volume of 34,300 shares, the days-to-cover ratio is currently 0.2 days.

BAB Price Performance

Shares of BABB stock opened at $0.87 on Tuesday. The company has a market cap of $6.32 million, a PE ratio of 12.43 and a beta of 0.02. BAB has a 1 year low of $0.67 and a 1 year high of $0.97. The stock’s 50 day simple moving average is $0.83 and its two-hundred day simple moving average is $0.81.

BAB Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Monday, December 23rd were paid a $0.02 dividend. The ex-dividend date of this dividend was 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%.

BAB Company Profile

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.