Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) Short Interest Update

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) was the target of a large increase in short interest in June. As of June 30th, there was short interest totalling 20,200 shares, an increase of 708.0% from the June 15th total of 2,500 shares. Based on an average trading volume of 63,400 shares, the days-to-cover ratio is presently 0.3 days.

Armanino Foods of Distinction Trading Up 0.6 %

Shares of OTCMKTS AMNF traded up $0.04 during trading hours on Friday, reaching $5.48. The stock had a trading volume of 5,103 shares, compared to its average volume of 17,921. The firm has a market cap of $175.72 million, a price-to-earnings ratio of 19.57 and a beta of 0.37. Armanino Foods of Distinction has a fifty-two week low of $4.13 and a fifty-two week high of $6.30. The firm has a 50-day moving average of $5.52 and a 200-day moving average of $5.34.

Armanino Foods of Distinction (OTCMKTS:AMNF) last announced its earnings results on Tuesday, April 23rd. The company reported $0.07 earnings per share (EPS) for the quarter. The firm had revenue of $15.72 million during the quarter. Armanino Foods of Distinction had a return on equity of 31.66% and a net margin of 14.56%.

Armanino Foods of Distinction Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, July 26th. Shareholders of record on Friday, July 5th will be paid a dividend of $0.0363 per share. The ex-dividend date is Friday, July 5th. Armanino Foods of Distinction’s dividend payout ratio is presently 50.00%.

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.