Short Interest in Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) Increases By 1,400.0%

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 1,500 shares, an increase of 1,400.0% from the March 31st total of 100 shares. Based on an average daily volume of 13,300 shares, the short-interest ratio is presently 0.1 days.

Armanino Foods of Distinction Price Performance

OTCMKTS:AMNF opened at $5.50 on Friday. Armanino Foods of Distinction has a twelve month low of $3.94 and a twelve month high of $6.30. The stock’s 50-day simple moving average is $5.54 and its 200 day simple moving average is $4.98. The firm has a market capitalization of $176.39 million, a PE ratio of 19.64 and a beta of 0.34.

Armanino Foods of Distinction (OTCMKTS:AMNF) last posted its quarterly earnings results on Tuesday, April 23rd. The company reported $0.07 earnings per share for the quarter. The company had revenue of $15.72 million for the quarter. Armanino Foods of Distinction had a net margin of 14.56% and a return on equity of 31.49%.

Armanino Foods of Distinction Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, April 29th. Stockholders of record on Friday, April 5th will be issued a dividend of $0.10 per share. The ex-dividend date is Thursday, April 4th. This is an increase from Armanino Foods of Distinction’s previous dividend of $0.03. Armanino Foods of Distinction’s dividend payout ratio is 53.57%.

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.