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

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

Luvu Brands Stock Up 2.3%

LUVU stock traded up $0.00 during trading on Friday, reaching $0.03. 1,000 shares of the stock were exchanged, compared to its average volume of 7,407. The firm’s 50 day moving average is $0.03 and its 200 day moving average is $0.03. The firm has a market cap 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. Luvu Brands has a twelve month low of $0.01 and a twelve month high of $0.05.

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.