Luvu Brands, Inc. (OTCMKTS:LUVU) Short Interest Down 56.9% in August

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

Luvu Brands Stock Performance

Shares of LUVU opened at $0.03 on Monday. Luvu Brands has a twelve month low of $0.01 and a twelve month high of $0.05. The firm has a market capitalization of $2.36 million, a P/E ratio of -3.07 and a beta of 1.17. The company has a current ratio of 1.29, a quick ratio of 0.60 and a debt-to-equity ratio of 0.44. The stock’s fifty day simple moving average is $0.03 and its 200 day simple moving average is $0.03.

Luvu Brands Company Profile

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.