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

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 1,200 shares, a growth 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 presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Armanino Foods of Distinction Price Performance

OTCMKTS:AMNF opened at $7.81 on Friday. The business has a 50 day simple moving average of $7.63 and a 200-day simple moving average of $7.16. 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 capitalization 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 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 firm had revenue of $18.50 million for the quarter.

Armanino Foods of Distinction Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 4th will be issued a dividend of $0.04 per share. This is a positive change from Armanino Foods of Distinction’s previous quarterly dividend of $0.03. The ex-dividend date is Friday, April 4th. This represents a $0.16 dividend on an annualized basis and a yield of 2.05%. Armanino Foods of Distinction’s dividend payout ratio (DPR) is presently 35.56%.

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.