Short Interest in Luvu Brands, Inc. (OTCMKTS:LUVU) Decreases By 93.5%

Luvu Brands, Inc. (OTCMKTS:LUVU) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 790 shares, a drop of 93.5% from the January 15th total of 12,090 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 60,384 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 60,384 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Luvu Brands Stock Performance

LUVU traded up $0.00 during trading hours on Thursday, hitting $0.03. 9,869 shares of the stock were exchanged, compared to its average volume of 22,629. The stock has a market cap of $2.57 million, a price-to-earnings ratio of -3.35 and a beta of 1.55. The stock has a 50-day simple moving average of $0.03 and a 200-day simple moving average of $0.04. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.19 and a quick ratio of 0.47. Luvu Brands has a 12 month low of $0.02 and a 12 month high of $0.07.

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.