Luvu Brands, Inc. (OTCMKTS:LUVU) Short Interest Down 41.2% in June

Luvu Brands, Inc. (OTCMKTS:LUVU) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 50,399 shares, a decrease of 41.2% from the May 31st total of 85,722 shares. Based on an average daily trading volume, of 6,288 shares, the days-to-cover ratio is currently 8.0 days. Currently, 0.1% of the shares of the stock are short sold.

Luvu Brands Price Performance

Luvu Brands stock remained flat at $0.04 during mid-day trading on Thursday. Luvu Brands has a 1-year low of $0.01 and a 1-year high of $0.05. The firm has a market cap of $3.07 million, a PE ratio of -4.00 and a beta of 1.12. The company has a fifty day moving average price of $0.03 and a 200 day moving average price of $0.03. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.60 and a current ratio of 1.29.

Luvu Brands (OTCMKTS:LUVU) last issued its quarterly earnings data on Friday, May 15th. The company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $6.55 million for the quarter. Luvu Brands had a negative return on equity of 53.41% and a negative net margin of 4.23%.

About Luvu Brands

Luvu Brands, Inc (OTCMKTS: LUVU) is a public holding company that operates a multi-channel grocery and consumer products distribution platform under the Angel Food Ministries brand. Through a network of community partner sites such as churches and civic centers, the company offers consumers access to branded grocery staples, fresh and frozen foods, home and personal care products at competitive prices.

The Angel Food Ministries division was originally founded in 1994 to provide affordable groceries in underserved communities.