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

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

Armanino Foods of Distinction Price Performance

OTCMKTS AMNF remained flat at $5.50 during mid-day trading on Thursday. 40,120 shares of the company traded hands, compared to its average volume of 13,238. The stock has a market cap of $176.39 million, a price-to-earnings ratio of 19.64 and a beta of 0.34. Armanino Foods of Distinction has a 52-week low of $3.90 and a 52-week high of $6.30. The company has a 50-day moving average price of $5.53 and a two-hundred day moving average price of $4.98.

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


Armanino Foods of Distinction Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, April 29th. Stockholders of record on Friday, April 5th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Thursday, April 4th. This is an increase from Armanino Foods of Distinction's previous dividend of $0.03. Armanino Foods of Distinction's dividend payout ratio is 53.57%.

About Armanino Foods of Distinction

(Get Free Report)

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.

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