Luvu Brands, Inc. (OTCMKTS:LUVU) Sees Large Increase in Short Interest

Luvu Brands, Inc. (OTCMKTS:LUVU) saw a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 49,600 shares, a growth of 180.2% from the February 13th total of 17,700 shares. Based on an average daily volume of 110,800 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are short sold.

Luvu Brands Stock Performance

Shares of LUVU stock traded up $0.00 during trading hours on Thursday, reaching $0.06. The company’s stock had a trading volume of 12,079 shares, compared to its average volume of 84,373. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.18 and a quick ratio of 0.58. The firm’s fifty day simple moving average is $0.05 and its 200 day simple moving average is $0.06. Luvu Brands has a one year low of $0.04 and a one year high of $0.10.

About Luvu Brands

Luvu Brands, Inc designs, manufactures, and markets various consumer lifestyle products worldwide. The company offers sensuality and intimacy products under the Liberator brand; and bed therapy products, which assistive in relieving medical conditions associated with acid reflux, surgery recovery, and chronic pain under the Avana brand.