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Short Interest in Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) Declines By 90.0%

Armanino Foods of Distinction logo with Consumer Staples background

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF - Get Free Report) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totalling 300 shares, a drop of 90.0% from the September 30th total of 3,000 shares. Based on an average daily volume of 24,900 shares, the short-interest ratio is presently 0.0 days.

Armanino Foods of Distinction Price Performance

Shares of AMNF stock traded up $0.05 on Friday, hitting $6.81. 7,733 shares of the stock traded hands, compared to its average volume of 14,771. The company's fifty day moving average is $5.87 and its 200 day moving average is $5.68. Armanino Foods of Distinction has a 1-year low of $4.35 and a 1-year high of $6.86. The company has a market capitalization of $218.37 million, a PE ratio of 24.13 and a beta of 0.38.

Armanino Foods of Distinction (OTCMKTS:AMNF - Get Free Report) last issued its earnings results on Wednesday, October 23rd. The company reported $0.13 earnings per share for the quarter. Armanino Foods of Distinction had a net margin of 16.76% and a return on equity of 36.81%. The company had revenue of $17.67 million for the quarter.

Armanino Foods of Distinction Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, October 25th. Shareholders of record on Monday, September 30th will be paid a $0.0363 dividend. The ex-dividend date of this dividend is Monday, September 30th. Armanino Foods of Distinction's payout ratio is currently 50.00%.

Armanino Foods of Distinction Company Profile

(Get Free Report)

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.

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