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

BAB, Inc. (OTCMKTS:BABB) was the recipient of a large drop in short interest in March. As of March 31st, there was short interest totalling 100 shares, a drop of 85.7% from the March 15th total of 700 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 15,700 shares, the days-to-cover ratio is currently 0.0 days.

BAB Stock Up 5.3 %

BABB opened at $0.82 on Wednesday. The company has a market cap of $5.96 million, a P/E ratio of 13.68 and a beta of -0.01. The firm’s 50-day moving average price is $0.83 and its 200-day moving average price is $0.83. BAB has a 52-week low of $0.71 and a 52-week high of $1.04.

BAB (OTCMKTS:BABB) last posted its quarterly earnings results on Wednesday, April 2nd. The company reported $0.02 earnings per share (EPS) for the quarter. BAB had a net margin of 14.84% and a return on equity of 16.39%. The business had revenue of $0.76 million during the quarter.

BAB Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 14th. Investors of record on Monday, March 24th were given a $0.01 dividend. The ex-dividend date was Monday, March 24th. This represents a $0.04 dividend on an annualized basis and a yield of 4.87%. BAB’s dividend payout ratio is currently 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.