International Land Alliance, Inc. (OTCMKTS:ILAL) Short Interest Up 361.0% in December

International Land Alliance, Inc. (OTCMKTS:ILAL) was the target of a large increase in short interest in December. As of December 15th, there was short interest totaling 24,739 shares, an increase of 361.0% from the November 30th total of 5,366 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 1,168,469 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 1,168,469 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

International Land Alliance Price Performance

Shares of OTCMKTS ILAL opened at $0.28 on Friday. The stock’s 50-day simple moving average is $0.20 and its 200-day simple moving average is $0.20. The firm has a market capitalization of $33.52 million, a PE ratio of -5.60 and a beta of -0.81. International Land Alliance has a fifty-two week low of $0.08 and a fifty-two week high of $0.35. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.31 and a current ratio of 0.31.

International Land Alliance (OTCMKTS:ILAL) last announced its quarterly earnings results on Wednesday, November 19th. The company reported ($0.02) earnings per share (EPS) for the quarter. International Land Alliance had a negative net margin of 196.48% and a negative return on equity of 41.90%. The business had revenue of $0.56 million during the quarter.

International Land Alliance Company Profile

International Land Alliance, Inc operates as a residential land development company with target properties located primarily in the Baja California, Northern region of Mexico, and Southern California. Its principal activities include purchasing properties; obtaining zoning and other entitlements required to subdivide the properties into residential and commercial building lots; securing financing for the purchase of the lots; enhance the properties' infrastructure and amenities; and selling the plots to homebuyers, retirees, investors, and commercial developers.