Intelligent Living Application Group Inc. (NASDAQ:ILAG) Short Interest Down 83.3% in January

Intelligent Living Application Group Inc. (NASDAQ:ILAG) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 1,217 shares, a decrease of 83.3% from the December 31st total of 7,290 shares. Based on an average trading volume of 19,602 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 19,602 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Intelligent Living Application Group in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Intelligent Living Application Group currently has a consensus rating of “Sell”.

Intelligent Living Application Group Price Performance

ILAG traded down $0.50 on Wednesday, hitting $3.34. 1,967 shares of the company were exchanged, compared to its average volume of 15,743. The stock’s fifty day moving average is $4.19 and its 200-day moving average is $5.10. Intelligent Living Application Group has a 12 month low of $2.73 and a 12 month high of $9.80. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.63 and a current ratio of 4.27.

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

About Intelligent Living Application Group

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.