Luvu Brands, Inc. (OTCMKTS:LUVU) Short Interest Down 90.5% in July

Luvu Brands, Inc. (OTCMKTS:LUVU) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 1,891 shares, a decline of 90.5% from the July 15th total of 19,979 shares. Based on an average trading volume of 29,761 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Luvu Brands Stock Performance

Shares of LUVU stock opened at $0.03 on Wednesday. The stock has a market capitalization of $2.43 million, a PE ratio of -3.16 and a beta of 1.17. Luvu Brands has a 1-year low of $0.01 and a 1-year high of $0.05. The business has a 50-day moving average of $0.03 and a 200 day moving average of $0.03. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.29 and a quick ratio of 0.60.

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

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.