Luvu Brands, Inc. (OTCMKTS:LUVU) Shares Shorted: Short Interest Down 72.0% in October

Luvu Brands, Inc. (OTCMKTS:LUVU) was the target of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 3,567 shares, a drop of 72.0% from the October 15th total of 12,762 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 119,471 shares, the short-interest ratio is presently 0.0 days.

Luvu Brands Trading Down 30.0%

OTCMKTS LUVU traded down $0.02 during mid-day trading on Friday, reaching $0.06. 200 shares of the stock were exchanged, compared to its average volume of 46,891. The stock has a market capitalization of $4.30 million, a PE ratio of 5.61 and a beta of 1.29. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.64 and a current ratio of 1.38. Luvu Brands has a 1-year low of $0.01 and a 1-year high of $0.10. The business’s fifty day simple moving average is $0.05 and its 200 day simple moving average is $0.04.

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

Luvu Brands Company Profile

Luvu Brands, Inc. is a consumer products company that develops, manufactures and markets lifestyle products for the sexual wellness and home-furnishings markets. The company operates primarily through the Liberator, Jaxx and Tantra brands. Its Liberator and Tantra brands offer sexual wellness products, including positioning furniture, accessories and related bedroom products. The Jaxx brand focuses on soft furniture and comfort products, such as bean bags, loungers and other casual seating. Luvu Brands sells its products through company-operated websites, online marketplaces, specialty retailers and distribution partners.