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

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

International Land Alliance Stock Performance

Shares of ILAL opened at $0.21 on Friday. The company has a 50-day moving average of $0.22 and a two-hundred day moving average of $0.21. The stock has a market cap of $25.13 million, a price-to-earnings ratio of -4.20 and a beta of -0.86. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.31 and a quick ratio of 0.31. International Land Alliance has a one year low of $0.10 and a one year high of $0.35.

International Land Alliance (OTCMKTS:ILAL) last released 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 firm had revenue of $0.56 million for the quarter.

About International Land Alliance

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.