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

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,200 shares, an increase of 71.4% from the February 28th total of 700 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 39,100 shares, the short-interest ratio is presently 0.0 days.

Armanino Foods of Distinction Trading Up 1.3 %

Shares of Armanino Foods of Distinction stock opened at $7.81 on Friday. The stock’s fifty day simple moving average is $7.63 and its 200 day simple moving average is $7.17. The company has a market capitalization of $249.17 million, a PE ratio of 19.53 and a beta of 0.32. Armanino Foods of Distinction has a 12 month low of $5.10 and a 12 month high of $8.20.

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

Armanino Foods of Distinction Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 4th will be given a dividend of $0.04 per share. This is an increase from Armanino Foods of Distinction’s previous quarterly dividend of $0.03. The ex-dividend date is Friday, April 4th. This represents a $0.16 annualized dividend and a dividend yield of 2.05%. Armanino Foods of Distinction’s dividend payout ratio is currently 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.