Luvu Brands, Inc. (OTCMKTS:LUVU) Sees Significant Drop in Short Interest

Luvu Brands, Inc. (OTCMKTS:LUVU) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totalling 1,700 shares, a drop of 41.4% from the December 15th total of 2,900 shares. Based on an average daily trading volume, of 64,900 shares, the days-to-cover ratio is presently 0.0 days.

Luvu Brands Stock Performance

Luvu Brands stock opened at $0.05 on Thursday. The company has a quick ratio of 0.54, a current ratio of 1.20 and a debt-to-equity ratio of 0.20. Luvu Brands has a 12 month low of $0.05 and a 12 month high of $0.10. The company has a fifty day moving average price of $0.05 and a two-hundred day moving average price 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.