BAB, Inc. (OTCMKTS:BABB – Get Free Report) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 7,700 shares, an increase of 413.3% from the December 15th total of 1,500 shares. Based on an average trading volume of 34,300 shares, the short-interest ratio is currently 0.2 days.
BAB Stock Up 2.9 %
OTCMKTS BABB traded up $0.02 on Monday, reaching $0.87. The stock had a trading volume of 7,447 shares, compared to its average volume of 20,869. The stock has a fifty day moving average price of $0.83 and a two-hundred day moving average price of $0.81. BAB has a 12-month low of $0.67 and a 12-month high of $0.97. The firm has a market capitalization of $6.32 million, a price-to-earnings ratio of 12.43 and a beta of 0.02.
BAB Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Monday, December 23rd were paid a dividend of $0.02 per share. This is a positive change from BAB’s previous quarterly dividend of $0.01. The ex-dividend date was Monday, December 23rd. This represents a $0.08 annualized dividend and a yield of 9.20%. BAB’s dividend payout ratio is presently 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.
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