Short Interest in bebe stores, inc. (OTCMKTS:BEBE) Decreases By 50.0%

bebe stores, inc. (OTCMKTS:BEBE) was the target of a large drop in short interest in December. As of December 15th, there was short interest totalling 3,600 shares, a drop of 50.0% from the November 30th total of 7,200 shares. Based on an average daily volume of 14,700 shares, the days-to-cover ratio is currently 0.2 days.

bebe stores Stock Up 2.9 %

OTCMKTS BEBE traded up $0.03 during trading on Friday, reaching $1.08. 30,572 shares of the company’s stock were exchanged, compared to its average volume of 8,902. The company has a 50 day moving average price of $2.19 and a two-hundred day moving average price of $2.23. bebe stores has a 1 year low of $0.91 and a 1 year high of $5.50.

bebe stores Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 11th were issued a dividend of $2.00 per share. The ex-dividend date of this dividend was Monday, November 25th. This is a boost from bebe stores’s previous dividend of $0.02.

About bebe stores

bebe stores, inc. does not have significant operations. Previously, it was engaged in the design, development, and production of women's apparel and accessories. The company marketed its products under the bebe and BEBE SPORT brand names through its retail stores; bebe.com, an online store; and 39 bebe outlet stores.