Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) Sees Large Growth in Short Interest

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,200 shares, an increase of 71.4% from the February 28th total of 700 shares. Based on an average daily trading volume, of 39,100 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Armanino Foods of Distinction Trading Up 1.3 %

AMNF stock opened at $7.81 on Friday. Armanino Foods of Distinction has a 12-month low of $5.10 and a 12-month high of $8.20. The stock has a market capitalization of $249.17 million, a price-to-earnings ratio of 19.53 and a beta of 0.32. The firm’s 50-day moving average price is $7.63 and its two-hundred day moving average price is $7.16.

Armanino Foods of Distinction (OTCMKTS:AMNF) last released its earnings results on Monday, March 3rd. The company reported $0.13 EPS for the quarter. Armanino Foods of Distinction had a return on equity of 41.38% and a net margin of 19.11%. The business had revenue of $18.50 million for the quarter.

Armanino Foods of Distinction Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 4th will be issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 2.05%. This is a boost from Armanino Foods of Distinction’s previous quarterly dividend of $0.03. The ex-dividend date is Friday, April 4th. Armanino Foods of Distinction’s dividend payout ratio is presently 35.56%.

Armanino Foods of Distinction Company Profile

Armanino Foods of Distinction, Inc produces and markets frozen food products in the United States. The company offers gourmet beef, Italian style beef and pork, and smoked turkey meatballs; grated parmesan and 3 cheese blend cheese; and various pesto, such as basil, artichoke, cilantro, dried tomato and garlic, roasted garlic, roasted red bell pepper, and southwest chipotle.