Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) Short Interest Update

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totalling 20,200 shares, an increase of 708.0% from the June 15th total of 2,500 shares. Based on an average trading volume of 63,400 shares, the days-to-cover ratio is presently 0.3 days.

Armanino Foods of Distinction Trading Up 0.6 %

AMNF stock traded up $0.04 during mid-day trading on Friday, hitting $5.48. The stock had a trading volume of 5,103 shares, compared to its average volume of 17,921. The firm has a fifty day simple moving average of $5.52 and a 200 day simple moving average of $5.34. Armanino Foods of Distinction has a 52 week low of $4.13 and a 52 week high of $6.30. The firm has a market capitalization of $175.72 million, a P/E ratio of 19.57 and a beta of 0.37.

Armanino Foods of Distinction (OTCMKTS:AMNF) last posted its quarterly earnings data on Tuesday, April 23rd. The company reported $0.07 earnings per share (EPS) for the quarter. The firm had revenue of $15.72 million for the quarter. Armanino Foods of Distinction had a net margin of 14.56% and a return on equity of 31.66%.

Armanino Foods of Distinction Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, July 26th. Investors of record on Friday, July 5th will be issued a $0.0363 dividend. The ex-dividend date of this dividend is Friday, July 5th. Armanino Foods of Distinction’s dividend payout ratio (DPR) is currently 50.00%.

About Armanino Foods of Distinction

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.