Short Interest in Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) Drops By 93.8%

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) saw a significant decline in short interest in December. As of December 31st, there was short interest totalling 200 shares, a decline of 93.8% from the December 15th total of 3,200 shares. Based on an average daily trading volume, of 18,100 shares, the short-interest ratio is currently 0.0 days.

Armanino Foods of Distinction Price Performance

Shares of OTCMKTS AMNF traded up $0.28 during midday trading on Monday, reaching $7.68. 6,093 shares of the stock traded hands, compared to its average volume of 11,299. The company’s 50 day moving average is $7.44 and its 200 day moving average is $6.40. Armanino Foods of Distinction has a one year low of $4.74 and a one year high of $8.20. The stock has a market capitalization of $245.02 million, a PE ratio of 19.20 and a beta of 0.33.

Armanino Foods of Distinction (OTCMKTS:AMNF) last released its quarterly earnings data on Wednesday, October 23rd. The company reported $0.13 EPS for the quarter. Armanino Foods of Distinction had a net margin of 19.11% and a return on equity of 41.38%. The business had revenue of $17.67 million during the quarter.

Armanino Foods of Distinction Dividend Announcement

The business also recently announced a dividend, which will be paid on Monday, January 27th. Stockholders of record on Wednesday, January 8th will be given a dividend of $0.0363 per share. The ex-dividend date of this dividend is Wednesday, January 8th. Armanino Foods of Distinction’s dividend payout ratio is currently 35.00%.

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.