Short Interest in BAB Inc. (OTCMKTS:BABB) Decreases By 91.1%

BAB Inc. (OTCMKTS:BABB) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 500 shares, a decline of 91.1% from the August 31st total of 5,600 shares. Based on an average daily volume of 24,400 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 24,400 shares, the days-to-cover ratio is currently 0.0 days.

BAB Trading Down 3.1%

Shares of BABB stock opened at $0.95 on Thursday. BAB has a twelve month low of $0.71 and a twelve month high of $1.04. The firm has a 50-day moving average price of $0.94 and a 200 day moving average price of $0.86. The company has a market capitalization of $6.90 million, a price-to-earnings ratio of 13.57 and a beta of 0.12.

BAB (OTCMKTS:BABB) last posted its quarterly earnings data on Thursday, July 3rd. The company reported $0.02 EPS for the quarter. BAB had a net margin of 16.24% and a return on equity of 16.70%. The company had revenue of $0.81 million during the quarter.

BAB Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Friday, September 26th will be paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 4.2%. BAB’s dividend 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.