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

Armanino Foods of Distinction Inc. (OTCMKTS:AMNF) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 63,109 shares, an increase of 25.6% from the November 30th total of 50,247 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 50,253 shares, the short-interest ratio is presently 1.3 days. Based on an average trading volume of 50,253 shares, the short-interest ratio is presently 1.3 days. Currently, 0.3% of the shares of the stock are sold short.

Armanino Foods of Distinction Price Performance

OTCMKTS AMNF opened at $10.99 on Wednesday. Armanino Foods of Distinction has a 12 month low of $7.10 and a 12 month high of $12.22. The firm has a market capitalization of $341.79 million, a PE ratio of 19.98 and a beta of 0.10. The company’s 50 day simple moving average is $10.66 and its 200 day simple moving average is $9.65.

Armanino Foods of Distinction (OTCMKTS:AMNF) last issued its quarterly earnings results on Tuesday, November 11th. The company reported $0.15 earnings per share (EPS) for the quarter. Armanino Foods of Distinction had a return on equity of 48.19% and a net margin of 23.65%.The firm had revenue of $19.65 million during the quarter.

Armanino Foods of Distinction Company Profile

Armanino Foods of Distinction, Inc (OTCMKTS:AMNF) is a U.S.-based food manufacturer specializing in cheese- and dairy-based products. Its product portfolio encompasses processed cheeses, cream cheeses, shredded and grated cheeses, dips, spreads and flavored cheese seasonings. Armanino Foods serves private-label customers, foodservice operators and industrial food producers, offering custom formulation and co-packing solutions to meet diverse market requirements.

Headquartered in Missouri, Armanino Foods operates multiple manufacturing facilities equipped for large-scale dairy processing, blending and packaging.