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

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF - Get Free Report) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 4,400 shares, a growth of 266.7% from the March 15th total of 1,200 shares. Based on an average daily volume of 34,900 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company's shares are sold short.

Armanino Foods of Distinction Stock Down 1.5 %

AMNF traded down $0.12 during trading on Friday, reaching $7.65. 11,200 shares of the stock traded hands, compared to its average volume of 22,123. The stock's 50-day moving average is $7.66 and its 200 day moving average is $7.37. 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 capitalization of $240.79 million, a PE ratio of 19.11 and a beta of 0.09.

Armanino Foods of Distinction (OTCMKTS:AMNF - Get Free Report) last released its earnings results on Monday, March 3rd. The company reported $0.13 EPS for the quarter. Armanino Foods of Distinction had a return on equity of 41.38% and a net margin of 19.11%. The business had revenue of $18.50 million during the quarter.

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 issued a $0.04 dividend. This is a boost from Armanino Foods of Distinction's previous quarterly dividend of $0.03. This represents a $0.16 dividend on an annualized basis and a dividend yield of 2.09%. The ex-dividend date is Friday, April 4th. Armanino Foods of Distinction's dividend payout ratio (DPR) is currently 35.56%.

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.