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

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF - Get Free Report) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 100 shares, a decline of 97.7% from the March 31st total of 4,400 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily volume of 34,500 shares, the short-interest ratio is presently 0.0 days.

Armanino Foods of Distinction Stock Performance

Shares of Armanino Foods of Distinction stock traded down $0.12 during midday trading on Wednesday, reaching $7.55. 13,685 shares of the company's stock traded hands, compared to its average volume of 20,933. The stock has a 50 day moving average of $7.66 and a 200-day moving average of $7.44. Armanino Foods of Distinction has a 12 month low of $5.10 and a 12 month high of $8.20. The company has a market cap of $237.80 million, a PE ratio of 18.88 and a beta of 0.09.

Armanino Foods of Distinction (OTCMKTS:AMNF - Get Free Report) last issued its quarterly earnings data on Monday, March 3rd. The company reported $0.13 EPS for the quarter. The business had revenue of $18.50 million during the quarter. Armanino Foods of Distinction had a net margin of 19.11% and a return on equity of 41.38%.

Armanino Foods of Distinction Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 4th were paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date was Friday, April 4th. This is a boost from Armanino Foods of Distinction's previous quarterly dividend of $0.03. 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.