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

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF - Get Free Report) saw a significant increase in short interest in 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 company are sold short. Based on an average daily volume of 39,100 shares, the days-to-cover ratio is presently 0.0 days.

Armanino Foods of Distinction Stock Performance

OTCMKTS AMNF traded up $0.02 on Wednesday, hitting $7.84. The stock had a trading volume of 16,116 shares, compared to its average volume of 22,669. The firm has a 50-day moving average of $7.64 and a 200-day moving average of $7.21. Armanino Foods of Distinction has a 52-week low of $5.10 and a 52-week high of $8.20. The company has a market capitalization of $250.13 million, a price-to-earnings ratio of 19.60 and a beta of 0.32.

Armanino Foods of Distinction (OTCMKTS:AMNF - Get Free Report) last posted its earnings results on Monday, March 3rd. The company reported $0.13 EPS for the quarter. The business had revenue of $18.50 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 Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 4th will be paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date of this dividend is Friday, April 4th. This is a boost from Armanino Foods of Distinction's previous quarterly dividend of $0.03. Armanino Foods of Distinction's dividend payout ratio is currently 35.56%.

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.