Armanino Foods of Distinction Inc. (OTCMKTS:AMNF) Short Interest Down 96.6% in August

Armanino Foods of Distinction Inc. (OTCMKTS:AMNF) saw a large drop in short interest in August. As of August 31st, there was short interest totaling 237 shares, a drop of 96.6% from the August 15th total of 7,044 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 51,138 shares, the short-interest ratio is currently 0.0 days.

Armanino Foods of Distinction Stock Performance

Shares of AMNF stock traded down $0.04 on Thursday, hitting $11.60. 17,536 shares of the stock traded hands, compared to its average volume of 41,245. The firm’s 50-day moving average price is $10.86 and its two-hundred day moving average price is $10.60. The stock has a market capitalization of $356.00 million, a PE ratio of 18.41 and a beta of 0.11. Armanino Foods of Distinction has a twelve month low of $8.75 and a twelve month high of $12.25.

Armanino Foods of Distinction (OTCMKTS:AMNF) last announced its quarterly earnings results on Tuesday, August 11th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.14 by $0.04. The business had revenue of $21.70 million for the quarter, compared to analyst estimates of $21.00 million. Armanino Foods of Distinction had a return on equity of 46.16% and a net margin of 24.57%. On average, equities research analysts anticipate that Armanino Foods of Distinction will post 0.57 EPS for the current fiscal year.

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. It also provides frozen pasta, which includes beef cannelloni, cheese manicotti, cheese stuffed shells, cheese tortellini; pasta sheets, potato gnocchi, and tricolor cheese tortellini, as well as beef, butternut squash, four cheese, cheese and spinach, and wild mushroom ravioli; and various sauces, comprising creamy garlic, alfresco, Bolognese, chimichurri, harissa, and romesco.