Luvu Brands, Inc. (OTCMKTS:LUVU) Short Interest Down 90.5% in July

Luvu Brands, Inc. (OTCMKTS:LUVU) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 1,891 shares, a drop of 90.5% from the July 15th total of 19,979 shares. Based on an average daily volume of 29,761 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Luvu Brands Price Performance

OTCMKTS LUVU remained flat at $0.03 during trading on Tuesday. The company’s stock had a trading volume of 500 shares, compared to its average volume of 12,383. 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 firm’s fifty day simple moving average is $0.03 and its 200 day simple moving average is $0.03. The firm has a market capitalization of $2.44 million, a PE ratio of -3.17 and a beta of 1.17. Luvu Brands has a 1 year low of $0.01 and a 1 year high of $0.05.

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

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.