BAB, Inc. (OTCMKTS:BABB) Short Interest Down 75.0% in September

BAB, Inc. (OTCMKTS:BABB) saw a significant decrease in short interest in September. As of September 15th, there was short interest totalling 100 shares, a decrease of 75.0% from the August 31st total of 400 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is presently 0.1 days.

BAB Price Performance

Shares of BABB traded down $0.03 during trading hours on Wednesday, reaching $0.77. 13,797 shares of the company’s stock traded hands, compared to its average volume of 1,939. The business’s fifty day simple moving average is $0.80 and its two-hundred day simple moving average is $0.79. BAB has a twelve month low of $0.67 and a twelve month high of $0.90.

BAB (OTCMKTS:BABB) last issued its quarterly earnings results on Wednesday, July 3rd. The company reported $0.02 earnings per share for the quarter. BAB had a net margin of 15.23% and a return on equity of 17.45%. The company had revenue of $0.88 million during the quarter.

BAB Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 11th. Stockholders of record on Monday, September 23rd will be paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 5.19%. The ex-dividend date is Monday, September 23rd. BAB’s dividend payout ratio is presently 57.15%.

BAB Company Profile

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.