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

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totalling 1,400 shares, a drop of 51.7% from the July 15th total of 2,900 shares. Based on an average daily trading volume, of 54,200 shares, the days-to-cover ratio is currently 0.0 days.

Armanino Foods of Distinction Stock Performance

AMNF stock opened at $5.47 on Thursday. The firm has a market cap of $175.24 million, a PE ratio of 19.52 and a beta of 0.37. The firm’s fifty day moving average is $5.48 and its 200 day moving average is $5.48. Armanino Foods of Distinction has a one year low of $4.17 and a one year high of $6.30.

Armanino Foods of Distinction (OTCMKTS:AMNF) last released its quarterly earnings results on Monday, July 22nd. The company reported $0.12 EPS for the quarter. The company had revenue of $17.48 million for the quarter. Armanino Foods of Distinction had a net margin of 16.76% and a return on equity of 37.37%.

Armanino Foods of Distinction Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, July 26th. Stockholders of record on Friday, July 5th were given a $0.0363 dividend. The ex-dividend date of this dividend was Friday, July 5th. Armanino Foods of Distinction’s dividend payout ratio (DPR) is 50.00%.

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.