Short Interest in Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) Drops By 93.8%

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 200 shares, a decrease of 93.8% from the December 15th total of 3,200 shares. Based on an average daily volume of 18,100 shares, the days-to-cover ratio is currently 0.0 days.

Armanino Foods of Distinction Price Performance

AMNF stock opened at $7.35 on Wednesday. Armanino Foods of Distinction has a 1 year low of $4.74 and a 1 year high of $8.20. The company has a market cap of $234.49 million, a P/E ratio of 18.38 and a beta of 0.33. The firm has a 50-day moving average of $7.44 and a 200 day moving average of $6.40.

Armanino Foods of Distinction (OTCMKTS:AMNF) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported $0.13 earnings per share for the quarter. The company had revenue of $17.67 million during 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 Dividend Announcement

The business also recently announced a dividend, which will be paid on Monday, January 27th. Shareholders of record on Wednesday, January 8th will be paid a dividend of $0.0363 per share. The ex-dividend date of this dividend is Wednesday, January 8th. Armanino Foods of Distinction’s dividend payout ratio is currently 35.00%.

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.