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

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 1,500 shares, a growth of 1,400.0% from the March 31st total of 100 shares. Based on an average trading volume of 13,300 shares, the days-to-cover ratio is presently 0.1 days.

Armanino Foods of Distinction Price Performance

AMNF traded down $0.27 on Thursday, reaching $5.50. 121,398 shares of the stock were exchanged, compared to its average volume of 9,522. The company’s 50-day moving average price is $5.52 and its 200 day moving average price is $4.97. Armanino Foods of Distinction has a fifty-two week low of $3.90 and a fifty-two week high of $6.30. The firm has a market capitalization of $176.39 million, a PE ratio of 20.61 and a beta of 0.34.

Armanino Foods of Distinction (OTCMKTS:AMNF) last issued its quarterly earnings results on Tuesday, April 23rd. The company reported $0.07 EPS for the quarter. Armanino Foods of Distinction had a return on equity of 31.49% and a net margin of 14.56%. The company had revenue of $15.72 million during the quarter.

Armanino Foods of Distinction Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, April 29th. Shareholders of record on Friday, April 5th will be given a dividend of $0.10 per share. The ex-dividend date is Thursday, April 4th. This is a boost from Armanino Foods of Distinction’s previous dividend of $0.03. Armanino Foods of Distinction’s payout ratio is currently 53.57%.

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.