Short Interest in Luvu Brands, Inc. (OTCMKTS:LUVU) Rises By 42.2%

Luvu Brands, Inc. (OTCMKTS:LUVU) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 1,123 shares, an increase of 42.2% from the February 26th total of 790 shares. Based on an average daily trading volume, of 52,649 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Luvu Brands Price Performance

OTCMKTS LUVU remained flat at $0.03 during mid-day trading on Friday. The company has a market capitalization of $2.15 million, a PE ratio of -1.40 and a beta of 1.60. Luvu Brands has a one year low of $0.02 and a one year high of $0.06. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.24 and a quick ratio of 0.55. The business’s 50 day moving average price is $0.03 and its 200-day moving average price is $0.04.

Luvu Brands (OTCMKTS:LUVU) last issued its earnings results on Friday, February 13th. The company reported ($0.01) EPS for the quarter. The business had revenue of $6.88 million for the quarter. Luvu Brands had a negative net margin of 5.42% and a negative return on equity of 58.93%.

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.