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

BAB, Inc. (OTCMKTS:BABB) was the target of a large 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 1.4 %

BAB stock traded up $0.01 during trading hours on Thursday, hitting $0.91. The stock had a trading volume of 4,596 shares, compared to its average volume of 20,419. The company has a market cap of $6.62 million, a PE ratio of 13.02 and a beta of 0.02. The company has a 50-day moving average of $0.85 and a two-hundred day moving average of $0.82. BAB has a fifty-two week low of $0.67 and a fifty-two week high of $1.04.

BAB Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Monday, December 23rd were issued a $0.02 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $0.08 annualized dividend and a yield of 8.78%. This is a positive change from BAB’s previous quarterly dividend of $0.01. BAB’s dividend payout ratio is presently 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.