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

BAB, Inc. (OTCMKTS:BABB) saw a large growth in short interest in 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 daily 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 capitalization of $6.32 million, a P/E ratio of 12.43 and a beta of 0.02. The company’s 50-day simple moving average is $0.83 and its two-hundred day simple moving average is $0.81. BAB has a one year low of $0.67 and a one year high of $0.97.

BAB Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.02 per share. This is an increase from BAB’s previous quarterly dividend of $0.01. This represents a $0.08 annualized dividend and a yield of 9.20%. The ex-dividend date of this dividend was Monday, December 23rd. BAB’s dividend payout ratio (DPR) 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.