Luvu Brands, Inc. (OTCMKTS:LUVU) Sees Large Growth in Short Interest

Luvu Brands, Inc. (OTCMKTS:LUVU) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 6,367 shares, an increase of 681.2% from the September 15th total of 815 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 48,604 shares, the days-to-cover ratio is presently 0.1 days.

Luvu Brands Stock Performance

Shares of LUVU stock remained flat at $0.05 during midday trading on Friday. 40,006 shares of the company traded hands, compared to its average volume of 24,692. The stock has a market cap of $3.84 million, a price-to-earnings ratio of 5.01 and a beta of 1.17. The company has a quick ratio of 0.64, a current ratio of 1.38 and a debt-to-equity ratio of 0.23. The firm has a 50 day moving average price of $0.03 and a 200 day moving average price of $0.03. Luvu Brands has a 1-year low of $0.01 and a 1-year high of $0.06.

Luvu Brands (OTCMKTS:LUVU) last announced its quarterly earnings results on Monday, September 28th. The company reported $0.01 EPS for the quarter. The business had revenue of $8.09 million for the quarter. Luvu Brands had a negative net margin of 0.89% and a negative return on equity of 12.58%.

About Luvu Brands

Luvu Brands, Inc is an Atlanta, Georgia-based designer, manufacturer and marketer of consumer products focused primarily on sexual wellness, intimacy and lifestyle. The company develops branded and private-label products intended for use by individuals and couples, combining functional design with materials and features aimed at comfort, intimacy and personal enjoyment.

Luvu’s principal brand is Liberator, which offers intimacy furniture, positioning products, cushions and related accessories.