BAB, Inc. (OTCMKTS:BABB) Short Interest Down 84.8% in March

BAB, Inc. (OTCMKTS:BABB) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 700 shares, a decline of 84.8% from the February 28th total of 4,600 shares. Based on an average daily trading volume, of 20,600 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

BAB Stock Performance

Shares of OTCMKTS:BABB traded down $0.06 during trading on Wednesday, hitting $0.79. The company’s stock had a trading volume of 3,978 shares, compared to its average volume of 12,231. The business has a 50 day moving average price of $0.86 and a two-hundred day moving average price of $0.83. BAB has a fifty-two week low of $0.71 and a fifty-two week high of $1.04. The company has a market capitalization of $5.75 million, a PE ratio of 13.19 and a beta of 0.01.

BAB (OTCMKTS:BABB) last issued its earnings results on Tuesday, February 18th. The company reported $0.01 earnings per share for the quarter. BAB had a net margin of 14.84% and a return on equity of 16.39%. The firm had revenue of $0.95 million for the quarter.

BAB Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, March 24th will be paid a dividend of $0.01 per share. The ex-dividend date of this dividend is Monday, March 24th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 5.06%. BAB’s payout ratio is currently 66.67%.

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.