BAB, Inc. (OTCMKTS:BABB) Short Interest Up 413.3% in January

BAB, Inc. (OTCMKTS:BABB) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 7,700 shares, an increase of 413.3% from the December 31st total of 1,500 shares. Based on an average daily trading 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 trading on Tuesday, hitting $0.90. The company had a trading volume of 3,625 shares, compared to its average volume of 18,566. The firm has a 50-day moving average price of $0.85 and a 200-day moving average price of $0.82. The firm has a market cap of $6.52 million, a PE ratio of 12.84 and a beta of 0.02. BAB has a 1-year low of $0.67 and a 1-year high of $1.04.

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 issued a $0.02 dividend. The ex-dividend date was Monday, December 23rd. This represents a $0.08 dividend on an annualized basis and a dividend yield of 8.90%. This is a positive change from BAB’s previous quarterly dividend of $0.01. BAB’s 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.