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

Armanino Foods of Distinction, Inc. (OTCMKTS:AMNF) was the target of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 200 shares, a drop of 93.8% from the December 15th total of 3,200 shares. Based on an average daily volume of 18,100 shares, the days-to-cover ratio is presently 0.0 days.

Armanino Foods of Distinction Price Performance

OTCMKTS:AMNF opened at $7.68 on Tuesday. Armanino Foods of Distinction has a one year low of $4.74 and a one year high of $8.20. The company has a market cap of $245.02 million, a PE ratio of 19.20 and a beta of 0.33. The firm has a 50-day moving average of $7.44 and a 200-day moving average of $6.40.

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

Armanino Foods of Distinction Announces Dividend

The company also recently declared a dividend, which will be paid on Monday, January 27th. Investors of record on Wednesday, January 8th will be issued a dividend of $0.0363 per share. The ex-dividend date is Wednesday, January 8th. Armanino Foods of Distinction’s dividend payout ratio (DPR) is presently 35.00%.

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.