Short Interest in Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) Decreases By 85.6%

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) saw a significant decrease in short interest in July. As of July 15th, there was short interest totalling 2,900 shares, a decrease of 85.6% from the June 30th total of 20,200 shares. Based on an average daily trading volume, of 16,600 shares, the short-interest ratio is presently 0.2 days.

Armanino Foods of Distinction Trading Down 0.2 %

OTCMKTS:AMNF traded down $0.01 during mid-day trading on Thursday, hitting $5.69. 8,936 shares of the company’s stock were exchanged, compared to its average volume of 13,181. The firm has a market capitalization of $182.48 million, a P/E ratio of 20.32 and a beta of 0.37. The company has a 50 day simple moving average of $5.46 and a 200-day simple moving average of $5.39. Armanino Foods of Distinction has a fifty-two week low of $4.13 and a fifty-two week high of $6.30.

Armanino Foods of Distinction (OTCMKTS:AMNF) last released its quarterly earnings results on Monday, July 22nd. The company reported $0.12 earnings per share (EPS) for the quarter. Armanino Foods of Distinction had a net margin of 16.76% and a return on equity of 37.37%. The firm had revenue of $17.48 million during the quarter.

Armanino Foods of Distinction Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, July 26th. Shareholders of record on Friday, July 5th will be given a dividend of $0.0363 per share. The ex-dividend date is Friday, July 5th. Armanino Foods of Distinction’s dividend payout ratio (DPR) is currently 53.57%.

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.