BAB, Inc. (OTCMKTS:BABB) Short Interest Down 11.4% in October

BAB, Inc. (OTCMKTS:BABB) was the target of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 3,100 shares, a drop of 11.4% from the October 15th total of 3,500 shares. Based on an average trading volume of 7,200 shares, the days-to-cover ratio is presently 0.4 days.

BAB Stock Down 8.6 %

Shares of OTCMKTS BABB opened at $0.77 on Tuesday. The company has a fifty day moving average price of $0.79 and a 200 day moving average price of $0.79. BAB has a 1-year low of $0.67 and a 1-year high of $0.90.

BAB (OTCMKTS:BABB) last posted its earnings results on Friday, October 4th. The company reported $0.02 earnings per share for the quarter. The business had revenue of $0.87 million for the quarter. BAB had a return on equity of 16.96% and a net margin of 15.28%.

BAB Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 11th. Shareholders of record on Monday, September 23rd were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.04 annualized dividend and a yield of 5.22%. BAB’s dividend payout ratio is currently 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.