Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) Short Interest Up 1,400.0% in April

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 1,500 shares, a growth of 1,400.0% from the March 31st total of 100 shares. Based on an average daily trading volume, of 13,300 shares, the days-to-cover ratio is currently 0.1 days.

Armanino Foods of Distinction Stock Performance

AMNF opened at $5.50 on Friday. The stock has a 50-day moving average of $5.53 and a 200-day moving average of $4.98. Armanino Foods of Distinction has a 52-week low of $3.90 and a 52-week high of $6.30. The company has a market cap of $176.39 million, a PE ratio of 19.64 and a beta of 0.34.

Armanino Foods of Distinction (OTCMKTS:AMNF) last announced its quarterly earnings results on Tuesday, April 23rd. The company reported $0.07 EPS for the quarter. Armanino Foods of Distinction had a return on equity of 31.49% and a net margin of 14.56%. The company had revenue of $15.72 million for the quarter.

Armanino Foods of Distinction Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, April 29th. Shareholders of record on Friday, April 5th will be issued a dividend of $0.10 per share. This is a boost from Armanino Foods of Distinction’s previous dividend of $0.03. The ex-dividend date is Thursday, April 4th. Armanino Foods of Distinction’s dividend payout ratio is 53.57%.

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.