Luvu Brands, Inc. (OTCMKTS:LUVU) Short Interest Update

Luvu Brands, Inc. (OTCMKTS:LUVU) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 85,722 shares, an increase of 10,723.5% from the May 14th total of 792 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 92,933 shares, the short-interest ratio is presently 0.9 days.

Luvu Brands Price Performance

Shares of LUVU opened at $0.03 on Thursday. The firm has a market cap of $2.55 million, a PE ratio of -3.33 and a beta of 1.33. 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 firm has a fifty day simple moving average of $0.03 and a two-hundred day simple moving average of $0.03. Luvu Brands has a 1-year low of $0.01 and a 1-year high of $0.05.

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

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.