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

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

BAB Price Performance

BABB stock traded up $0.04 during trading on Friday, hitting $0.83. The stock had a trading volume of 1,469 shares, compared to its average volume of 12,044. BAB has a twelve month low of $0.71 and a twelve month high of $1.04. The company’s 50-day moving average price is $0.86 and its two-hundred day moving average price is $0.83. The stock has a market capitalization of $6.03 million, a P/E ratio of 13.84 and a beta of 0.01.

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

BAB Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 24th will be given a dividend of $0.01 per share. The ex-dividend date of this dividend is Monday, March 24th. This represents a $0.04 annualized dividend and a dividend yield of 4.82%. BAB’s payout ratio is 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.