The stock of ARMANINO FOODS NEW (OTCMKTS:AMNF) registered an increase of 33.33% in short interest. AMNF’s total short interest was 3,600 shares in September as published by FINRA. Its up 33.33% from 2,700 shares, reported previously. With 25,700 shares average volume, it will take short sellers 0 days to cover their AMNF’s short positions. The stock increased 0.45% or $0.01 on September 13, hitting $2.21. About 40,264 shares traded hands or 118.72% up from the average. Armanino Foods Of Distinction Inc. (OTCMKTS:AMNF) has risen 15.79% since February 8, 2016 and is uptrending. It has underperformed by 0.70% the S&P500.
Armanino Foods of Distinction, Inc. is engaged in the production of upscale and frozen food products, including pesto and other sauces, stuffed pasta products and cooked meat products. The company has a market cap of $71.52 million. The Company’s products are marketed through a network of food brokers and sold to retail and foodservice distributors, club-type stores and industrial accounts. It has a 17.58 P/E ratio. It markets a line of pesto sauces in various varieties, such as Basil, Classic Ligurian Basil, Cilantro, Dried Tomato-Garlic, Roasted Red Bell Pepper, Artichoke, Chipotle, Roasted Garlic, as well as a white sauce and a mushroom sauce, all of which are packaged under the Armanino label.
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