BAB, Inc. (OTCMKTS:BABB) Short Interest Down 20.7% in February

BAB, Inc. (OTCMKTS:BABB) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 4,600 shares, a decline of 20.7% from the February 13th total of 5,800 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 22,600 shares, the days-to-cover ratio is currently 0.2 days.

BAB Stock Performance

OTCMKTS:BABB opened at $0.84 on Monday. BAB has a one year low of $0.67 and a one year high of $1.04. The business’s 50-day simple moving average is $0.86 and its 200 day simple moving average is $0.83. The stock has a market cap of $6.10 million, a price-to-earnings ratio of 13.99 and a beta of 0.01.

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

BAB Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, March 24th will be issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 4.76%. The ex-dividend date is Monday, March 24th. BAB’s dividend 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.