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

BAB, Inc. (OTCMKTS:BABB) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 7,700 shares, a growth of 413.3% from the December 31st total of 1,500 shares. Based on an average daily volume of 34,300 shares, the days-to-cover ratio is currently 0.2 days.

BAB Stock Up 4.5 %

BABB stock traded up $0.04 during midday trading on Tuesday, hitting $0.90. The company’s stock had a trading volume of 3,625 shares, compared to its average volume of 18,566. The firm has a 50-day simple moving average of $0.85 and a 200-day simple moving average of $0.82. The firm has a market capitalization of $6.52 million, a P/E ratio of 12.84 and a beta of 0.02. BAB has a 52-week low of $0.67 and a 52-week high of $1.04.

BAB Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Monday, December 23rd were paid a $0.02 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $0.08 dividend on an annualized basis and a yield of 8.90%. This is an increase from BAB’s previous quarterly dividend of $0.01. BAB’s payout ratio is currently 57.15%.

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.