Short Interest in Armanino Foods of Distinction Inc. (OTCMKTS:AMNF) Expands By 167.3%

Armanino Foods of Distinction Inc. (OTCMKTS:AMNF) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 270 shares, a growth of 167.3% from the June 30th total of 101 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 44,788 shares, the days-to-cover ratio is currently 0.0 days.

Armanino Foods of Distinction Price Performance

Shares of OTCMKTS AMNF opened at $10.38 on Monday. The business’s 50 day moving average is $10.30 and its two-hundred day moving average is $10.72. Armanino Foods of Distinction has a 1-year low of $7.98 and a 1-year high of $12.25. The stock has a market capitalization of $318.04 million, a P/E ratio of 16.74 and a beta of 0.08.

Analysts Set New Price Targets

Separately, Lake Street Capital upgraded Armanino Foods of Distinction to a “strong-buy” rating in a research note on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Armanino Foods of Distinction has an average rating of “Buy” and an average price target of $15.00.

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. 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.