Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) Short Interest Update

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 4,400 shares, a growth of 266.7% from the March 15th total of 1,200 shares. Based on an average daily volume of 34,900 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Armanino Foods of Distinction Stock Performance

OTCMKTS:AMNF opened at $7.40 on Wednesday. The firm’s fifty day moving average is $7.65 and its two-hundred day moving average is $7.33. The firm has a market cap of $233.08 million, a price-to-earnings ratio of 18.50 and a beta of 0.09. Armanino Foods of Distinction has a one year low of $5.10 and a one year high of $8.20.

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

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 issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 2.16%. This is a positive change from Armanino Foods of Distinction’s previous quarterly dividend of $0.03. The ex-dividend date is Friday, April 4th. Armanino Foods of Distinction’s payout ratio 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.