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

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

Armanino Foods of Distinction Price Performance

Armanino Foods of Distinction stock opened at $7.63 on Wednesday. The firm’s 50 day simple moving average is $7.51 and its 200-day simple moving average is $6.56. The company has a market cap of $243.27 million, a P/E ratio of 19.07 and a beta of 0.33. Armanino Foods of Distinction has a fifty-two week low of $4.74 and a fifty-two week high of $8.20.

Armanino Foods of Distinction Announces Dividend

The company also recently announced a dividend, which was paid on Monday, January 27th. Stockholders of record on Wednesday, January 8th were given a $0.0363 dividend. The ex-dividend date of this dividend was Wednesday, January 8th. Armanino Foods of Distinction’s dividend payout ratio (DPR) is currently 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.