International Land Alliance, Inc. (OTCMKTS:ILAL) Short Interest Down 49.4% in December

International Land Alliance, Inc. (OTCMKTS:ILAL) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 12,524 shares, a drop of 49.4% from the December 15th total of 24,739 shares. Based on an average daily trading volume, of 287,474 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 287,474 shares, the days-to-cover ratio is presently 0.0 days.

International Land Alliance Stock Up 9.6%

Shares of ILAL traded up $0.02 during mid-day trading on Friday, hitting $0.23. 759,904 shares of the company traded hands, compared to its average volume of 158,477. International Land Alliance has a 1-year low of $0.10 and a 1-year high of $0.35. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $27.54 million, a PE ratio of -4.60 and a beta of -0.86. The business has a 50 day moving average of $0.22 and a 200 day moving average of $0.21.

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