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

Luvu Brands, Inc. (OTCMKTS:LUVU) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 815 shares, a drop of 56.9% from the July 30th total of 1,891 shares. Based on an average trading volume of 3,728 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Luvu Brands Trading Up 2.3%

Shares of LUVU stock traded up $0.00 during mid-day trading on Friday, hitting $0.03. The company’s stock had a trading volume of 1,000 shares, compared to its average volume of 7,407. The company has a market cap of $2.36 million, a PE ratio of -3.07 and a beta of 1.17. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.60 and a current ratio of 1.29. The company’s fifty day simple moving average is $0.03 and its 200-day simple moving average is $0.03. 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.