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

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) was the target of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 14,900 shares, an increase of 4,866.7% from the October 15th total of 300 shares. Based on an average trading volume of 27,100 shares, the short-interest ratio is presently 0.5 days.

Armanino Foods of Distinction Trading Down 3.1 %

AMNF stock traded down $0.23 during trading on Tuesday, reaching $7.15. 64,980 shares of the stock were exchanged, compared to its average volume of 14,968. The business has a 50 day moving average price of $6.24 and a 200-day moving average price of $5.79. Armanino Foods of Distinction has a 1 year low of $4.46 and a 1 year high of $7.52. The firm has a market capitalization of $229.30 million, a price-to-earnings ratio of 17.88 and a beta of 0.36.

Armanino Foods of Distinction (OTCMKTS:AMNF) last posted its earnings results on Wednesday, October 23rd. The company reported $0.13 EPS for the quarter. The company had revenue of $17.67 million for the quarter. Armanino Foods of Distinction had a net margin of 19.11% and a return on equity of 42.63%.

Armanino Foods of Distinction Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, September 30th were paid a $0.0363 dividend. The ex-dividend date of this dividend was Monday, September 30th. Armanino Foods of Distinction’s payout ratio is presently 37.50%.

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.