Short Interest in Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) Expands By 100.0%

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 3,200 shares, an increase of 100.0% from the November 30th total of 1,600 shares. Based on an average trading volume of 57,500 shares, the days-to-cover ratio is currently 0.1 days.

Armanino Foods of Distinction Price Performance

Shares of OTCMKTS AMNF traded up $0.02 during mid-day trading on Friday, hitting $7.77. The company had a trading volume of 2,255 shares, compared to its average volume of 15,727. The stock has a market cap of $248.99 million, a price-to-earnings ratio of 19.41 and a beta of 0.36. The firm’s 50 day simple moving average is $7.20 and its two-hundred day simple moving average is $6.18. Armanino Foods of Distinction has a 12 month low of $4.65 and a 12 month high of $7.78.

Armanino Foods of Distinction (OTCMKTS:AMNF) last posted its earnings results on Wednesday, October 23rd. The company reported $0.13 earnings per share (EPS) 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 $17.67 million during the quarter.

Armanino Foods of Distinction Announces Dividend

The business also recently declared a dividend, which will be paid on Monday, January 27th. Shareholders of record on Wednesday, January 8th will be given a dividend of $0.0363 per share. The ex-dividend date is Wednesday, January 8th. Armanino Foods of Distinction’s dividend payout ratio (DPR) is 35.00%.

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.