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

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) saw 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 presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Armanino Foods of Distinction Price Performance

Shares of AMNF opened at $7.81 on Monday. Armanino Foods of Distinction has a 1-year low of $5.10 and a 1-year high of $8.20. The company has a market capitalization of $249.17 million, a P/E ratio of 19.53 and a beta of 0.32. The firm’s 50 day simple moving average is $7.63 and its 200 day simple moving average is $7.18.

Armanino Foods of Distinction (OTCMKTS:AMNF) last posted its quarterly earnings data on Monday, March 3rd. The company reported $0.13 earnings per share for the quarter. Armanino Foods of Distinction had a net margin of 19.11% and a return on equity of 41.38%. The firm 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. Shareholders of record on Friday, April 4th will be paid a dividend of $0.04 per share. The ex-dividend date is Friday, April 4th. This represents a $0.16 annualized dividend and a yield of 2.05%. This is a positive change from Armanino Foods of Distinction’s previous quarterly dividend of $0.03. Armanino Foods of Distinction’s payout ratio is 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.