BAB, Inc. (OTCMKTS:BABB) Short Interest Update

BAB, Inc. (OTCMKTS:BABB) was the target of a significant increase in short interest in 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 presently 0.2 days.

BAB Stock Up 3.4 %

BABB stock opened at $0.90 on Wednesday. The stock has a market capitalization of $6.54 million, a P/E ratio of 12.86 and a beta of 0.02. The firm has a 50-day simple moving average of $0.83 and a 200-day simple moving average of $0.81. BAB has a 52 week low of $0.67 and a 52 week high of $0.97.

BAB Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.02 per share. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $0.08 dividend on an annualized basis and a dividend yield of 8.89%. This is a boost from BAB’s previous quarterly dividend of $0.01. BAB’s 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.