Luvu Brands, Inc. (OTCMKTS:LUVU) Short Interest Down 73.0% in June

Luvu Brands, Inc. (OTCMKTS:LUVU) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 3,700 shares, a drop of 73.0% from the May 31st total of 13,700 shares. Based on an average daily trading volume, of 4,300 shares, the days-to-cover ratio is currently 0.9 days.

Luvu Brands Stock Performance

Shares of LUVU remained flat at $0.08 during midday trading on Thursday. 6,167 shares of the company’s stock traded hands, compared to its average volume of 32,235. Luvu Brands has a one year low of $0.05 and a one year high of $0.19. The stock’s fifty day moving average price is $0.07 and its 200-day moving average price is $0.08. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.40 and a quick ratio of 0.58.

About Luvu Brands

Luvu Brands, Inc designs, manufactures, and markets various consumer lifestyle products worldwide. The company offers sensuality and intimacy products under the Liberator brand; and bed therapy products, which assistive in relieving medical conditions associated with acid reflux, surgery recovery, and chronic pain under the Avana brand.