Luvu Brands, Inc. (OTCMKTS:LUVU) Short Interest Down 41.2% in June

Luvu Brands, Inc. (OTCMKTS:LUVU) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 50,399 shares, a drop of 41.2% from the May 31st total of 85,722 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 6,288 shares, the short-interest ratio is presently 8.0 days.

Luvu Brands Stock Performance

Shares of LUVU opened at $0.04 on Friday. The firm has a market capitalization of $3.07 million, a price-to-earnings ratio of -4.00 and a beta of 1.12. 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 has a 1-year low of $0.01 and a 1-year high of $0.05. The company has a 50-day moving average of $0.03 and a 200 day moving average of $0.03.

Luvu Brands (OTCMKTS:LUVU) last issued its earnings results on Friday, May 15th. The company reported $0.01 EPS for the quarter. The business had revenue of $6.55 million for 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.