Armanino Foods of Distinction Inc. (OTCMKTS:AMNF) Short Interest Update

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

Analyst Upgrades and Downgrades

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

Armanino Foods of Distinction Price Performance

AMNF opened at $10.38 on Monday. The company has a 50 day simple moving average of $10.30 and a two-hundred day simple moving average of $10.72. The firm has a market cap of $318.04 million, a P/E ratio of 16.74 and a beta of 0.08. Armanino Foods of Distinction has a 1-year low of $7.98 and a 1-year high of $12.25.

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.