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

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 14,900 shares, an increase of 4,866.7% from the October 15th total of 300 shares. Based on an average daily trading volume, of 27,100 shares, the days-to-cover ratio is presently 0.5 days.

Armanino Foods of Distinction Stock Down 0.5 %

Shares of OTCMKTS AMNF opened at $7.24 on Thursday. Armanino Foods of Distinction has a 12-month low of $4.46 and a 12-month high of $7.52. The firm has a market cap of $232.07 million, a PE ratio of 18.09 and a beta of 0.36. The company’s fifty day simple moving average is $6.31 and its 200 day simple moving average is $5.81.

Armanino Foods of Distinction (OTCMKTS:AMNF) last released its quarterly earnings data on Wednesday, October 23rd. The company reported $0.13 earnings per share for the quarter. The firm had revenue of $17.67 million for the quarter. Armanino Foods of Distinction had a net margin of 19.11% and a return on equity of 42.63%.

Armanino Foods of Distinction Announces Dividend

The company also recently announced a dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, September 30th were issued a $0.0363 dividend. The ex-dividend date of this dividend was Monday, September 30th. Armanino Foods of Distinction’s dividend payout ratio is currently 37.50%.

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.