Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) Short Interest Up 71.4% in March

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) was the target of a significant increase in short interest during 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 volume of 39,100 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Armanino Foods of Distinction Trading Up 1.3 %

Shares of OTCMKTS AMNF opened at $7.81 on Monday. The stock has a fifty day simple moving average of $7.63 and a two-hundred day simple moving average of $7.18. Armanino Foods of Distinction has a 1-year low of $5.10 and a 1-year high of $8.20. The firm has a market cap of $249.17 million, a price-to-earnings ratio of 19.53 and a beta of 0.32.

Armanino Foods of Distinction (OTCMKTS:AMNF) last issued its quarterly 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 firm had revenue of $18.50 million for the quarter.

Armanino Foods of Distinction Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 4th will be given a dividend of $0.04 per share. The ex-dividend date of this dividend is Friday, April 4th. This represents a $0.16 annualized dividend and a dividend yield of 2.05%. This is an increase from Armanino Foods of Distinction’s previous quarterly dividend of $0.03. Armanino Foods of Distinction’s dividend payout ratio is currently 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.