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

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF - Get Free Report) was the target of a large increase in short interest during 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. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 39,100 shares, the short-interest ratio is currently 0.0 days.

Armanino Foods of Distinction Stock Up 0.1 %

OTCMKTS:AMNF traded up $0.01 during mid-day trading on Tuesday, reaching $7.82. 7,340 shares of the company were exchanged, compared to its average volume of 22,774. Armanino Foods of Distinction has a 12 month low of $5.10 and a 12 month high of $8.20. The stock has a market cap of $249.49 million, a PE ratio of 19.55 and a beta of 0.32. The company has a fifty day moving average of $7.63 and a 200 day moving average of $7.20.

Armanino Foods of Distinction (OTCMKTS:AMNF - Get Free Report) 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 net margin of 19.11% and a return on equity of 41.38%. The business had revenue of $18.50 million for the quarter.

Armanino Foods of Distinction Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 4th will be paid a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 2.05%. The ex-dividend date of this dividend is Friday, April 4th. This is a positive change from Armanino Foods of Distinction's previous quarterly dividend of $0.03. Armanino Foods of Distinction's dividend payout ratio (DPR) is 35.56%.

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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.