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

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) saw a significant growth in short interest during the month of 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. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 39,100 shares, the short-interest ratio is presently 0.0 days.

Armanino Foods of Distinction Stock Performance

Armanino Foods of Distinction stock opened at $7.81 on Friday. The business’s fifty day moving average is $7.63 and its two-hundred day moving average is $7.17. The firm has a market cap of $249.17 million, a P/E ratio of 19.53 and a beta of 0.32. Armanino Foods of Distinction has a 52 week low of $5.10 and a 52 week high of $8.20.

Armanino Foods of Distinction (OTCMKTS:AMNF) last issued its quarterly earnings results on Monday, March 3rd. The company reported $0.13 earnings per share (EPS) for the quarter. The business had revenue of $18.50 million for 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 will be paid on Friday, April 25th. Stockholders of record on Friday, April 4th will be paid a $0.04 dividend. This is a boost from Armanino Foods of Distinction’s previous quarterly dividend of $0.03. This represents a $0.16 annualized dividend and a dividend yield of 2.05%. The ex-dividend date is Friday, April 4th. Armanino Foods of Distinction’s dividend payout ratio (DPR) is 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.