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

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

Luvu Brands Stock Performance

OTCMKTS:LUVU opened at $0.03 on Wednesday. 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 has a market capitalization of $2.56 million, a price-to-earnings ratio of -3.33 and a beta of 1.33. 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 12 month low of $0.01 and a 12 month high of $0.05.

Luvu Brands (OTCMKTS:LUVU) last issued its quarterly earnings data on Friday, May 15th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm 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%.

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.