Short Interest in Luvu Brands, Inc. (OTCMKTS:LUVU) Declines By 56.9%

Luvu Brands, Inc. (OTCMKTS:LUVU) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 815 shares, a decline of 56.9% from the July 30th total of 1,891 shares. Based on an average daily trading volume, of 3,728 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Luvu Brands Stock Performance

Shares of OTCMKTS LUVU traded up $0.00 during trading on Friday, reaching $0.03. 1,000 shares of the company traded hands, compared to its average volume of 7,407. The firm has a 50 day simple moving average of $0.03 and a 200-day simple moving average of $0.03. The company has a quick ratio of 0.60, a current ratio of 1.29 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $2.36 million, a PE ratio of -3.07 and a beta of 1.17. Luvu Brands has a 52-week low of $0.01 and a 52-week high of $0.05.

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.