Intelligent Living Application Group Inc. (NASDAQ:ILAG) Short Interest Down 69.9% in August

Intelligent Living Application Group Inc. (NASDAQ:ILAG) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 1,663 shares, a drop of 69.9% from the August 15th total of 5,528 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 1,393 shares, the short-interest ratio is presently 1.2 days.

Intelligent Living Application Group Trading Up 1.4%

Shares of Intelligent Living Application Group stock traded up $0.04 during trading hours on Friday, hitting $3.00. The company had a trading volume of 152 shares, compared to its average volume of 3,445. The company has a current ratio of 1.97, a quick ratio of 0.41 and a debt-to-equity ratio of 0.03. The company’s 50-day moving average is $3.35 and its two-hundred day moving average is $3.29. Intelligent Living Application Group has a twelve month low of $2.04 and a twelve month high of $7.27.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of Intelligent Living Application Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average 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.