Intelligent Living Application Group Inc. (NASDAQ:ILAG) Short Interest Down 33.8% in December

Intelligent Living Application Group Inc. (NASDAQ:ILAG) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 37,003 shares, a decline of 33.8% from the November 30th total of 55,893 shares. Based on an average trading volume of 22,807 shares, the short-interest ratio is presently 1.6 days. Approximately 0.4% of the shares of the stock are short sold. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 22,807 shares, the short-interest ratio is presently 1.6 days.

Intelligent Living Application Group Stock Up 48.9%

Shares of ILAG stock traded up $0.17 on Monday, hitting $0.52. 3,775,937 shares of the company’s stock traded hands, compared to its average volume of 44,377. The company’s fifty day simple moving average is $0.49 and its 200 day simple moving average is $0.54. Intelligent Living Application Group has a one year low of $0.27 and a one year high of $0.98. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.27 and a quick ratio of 1.63.

Shares of Intelligent Living Application Group are scheduled to reverse split on the morning of Tuesday, December 30th. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Monday, December 29th.

Intelligent Living Application Group (NASDAQ:ILAG) last issued its earnings results on Monday, December 22nd. The company reported ($0.14) earnings per share (EPS) for the quarter. The firm had revenue of $1.15 million for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Intelligent Living Application Group in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Intelligent Living Application Group has a consensus rating of “Sell”.

Intelligent Living Application Group Company Profile

Intelligent Living Application Group Inc, through its subsidiaries, manufactures and sells mechanical locksets to customers in the United States and Canada. Its mechanical locksets consist of deadbolts, entry locksets, privacy locksets, and passage locksets as well as storerooms locks. The company offers locksets for outdoors comprising main entrances and gates, and indoor uses. Intelligent Living Application Group Inc was founded in 1981 and is headquartered in Kwai Chung, Hong Kong.