BAB, Inc. (OTCMKTS:BABB) Short Interest Down 85.7% in March

BAB, Inc. (OTCMKTS:BABB) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 100 shares, a decrease of 85.7% from the March 15th total of 700 shares. Based on an average daily trading volume, of 15,700 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

BAB Price Performance

OTCMKTS BABB traded up $0.02 on Monday, hitting $0.78. 1,523 shares of the company’s stock were exchanged, compared to its average volume of 11,491. The firm’s 50-day moving average price is $0.83 and its two-hundred day moving average price is $0.83. The firm has a market cap of $5.63 million, a price-to-earnings ratio of 12.93 and a beta of -0.01. BAB has a fifty-two week low of $0.71 and a fifty-two week high of $1.04.

BAB (OTCMKTS:BABB) last released its earnings results on Wednesday, April 2nd. The company reported $0.02 EPS for the quarter. BAB had a return on equity of 16.39% and a net margin of 14.84%. The company had revenue of $0.76 million during the quarter.

BAB Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, March 24th will be given a dividend of $0.01 per share. The ex-dividend date is Monday, March 24th. This represents a $0.04 annualized dividend and a yield of 5.16%. 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.