Short Interest in Luvu Brands, Inc. (OTCMKTS:LUVU) Increases By 1,430.4%

Luvu Brands, Inc. (OTCMKTS:LUVU) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 12,090 shares, an increase of 1,430.4% from the December 31st total of 790 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 36,350 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 36,350 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

Luvu Brands Trading Down 19.8%

Shares of Luvu Brands stock traded down $0.01 during trading hours on Tuesday, hitting $0.03. The company’s stock had a trading volume of 63,850 shares, compared to its average volume of 18,293. The company has a quick ratio of 0.47, a current ratio of 1.19 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $2.08 million, a PE ratio of -2.71 and a beta of 1.57. The business has a fifty day moving average of $0.04 and a 200 day moving average of $0.04. Luvu Brands has a 1-year low of $0.02 and a 1-year high of $0.07.

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.