Short Interest in Intelligent Living Application Group Inc. (NASDAQ:ILAG) Decreases By 80.3%

Intelligent Living Application Group Inc. (NASDAQ:ILAG) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 7,290 shares, a drop of 80.3% from the December 15th total of 37,003 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average daily volume of 45,027 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 45,027 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.7% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

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, Based on data from MarketBeat.com, Intelligent Living Application Group has a consensus rating of “Sell”.

Intelligent Living Application Group Stock Performance

Shares of Intelligent Living Application Group stock traded down $0.60 on Tuesday, hitting $3.34. 9,613 shares of the company’s stock traded hands, compared to its average volume of 8,791. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.63 and a current ratio of 4.27. The firm’s 50-day moving average is $4.50 and its 200 day moving average is $5.22. Intelligent Living Application Group has a 52-week low of $2.73 and a 52-week high of $9.80.

Intelligent Living Application Group (NASDAQ:ILAG) last posted its quarterly earnings data on Monday, December 22nd. The company reported ($1.35) EPS for the quarter. The business had revenue of $1.15 million for the quarter.

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.