BAB, Inc. (OTCMKTS:BABB) Sees Significant Drop in Short Interest

BAB, Inc. (OTCMKTS:BABB) was the recipient of a large drop in short interest during the month of 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 volume of 15,800 shares, the days-to-cover ratio is presently 0.3 days.

BAB Price Performance

OTCMKTS BABB remained flat at $0.87 during trading hours on Friday. 16,883 shares of the company were exchanged, compared to its average volume of 5,751. The company has a market cap of $6.31 million, a PE 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 firm has a 50-day simple moving average of $0.81 and a 200 day simple moving average of $0.80.

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

BAB Increases Dividend

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