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

Luvu Brands, Inc. (OTCMKTS:LUVU) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 4,500 shares, a decline of 90.9% from the February 28th total of 49,600 shares. Based on an average trading volume of 104,400 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Luvu Brands Stock Performance

OTCMKTS:LUVU traded up $0.02 on Thursday, reaching $0.05. 244,625 shares of the company’s stock were exchanged, compared to its average volume of 93,874. Luvu Brands has a 52-week low of $0.04 and a 52-week high of $0.10. The company has a quick ratio of 0.58, a current ratio of 1.18 and a debt-to-equity ratio of 0.12. The business has a fifty day moving average of $0.05 and a 200-day moving average of $0.06.

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.