Intelligent Living Application Group Inc. (NASDAQ:ILAG) Short Interest Update

Intelligent Living Application Group Inc. (NASDAQ:ILAG) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 41,397 shares, a decline of 45.4% from the June 15th total of 75,827 shares. Based on an average trading volume of 144,177 shares, the days-to-cover ratio is presently 0.3 days. Currently, 4.1% of the shares of the stock are short sold.

Intelligent Living Application Group Stock Down 5.0%

ILAG traded down $0.19 on Thursday, hitting $3.63. The company had a trading volume of 21,619 shares, compared to its average volume of 55,696. The business’s fifty day simple moving average is $3.64 and its 200 day simple moving average is $3.32. The company has a current ratio of 1.97, a quick ratio of 0.41 and a debt-to-equity ratio of 0.03. Intelligent Living Application Group has a 12-month low of $2.04 and a 12-month high of $9.56.

Intelligent Living Application Group (NASDAQ:ILAG) last issued its quarterly earnings data on Friday, April 24th. The company reported ($3.40) earnings per share (EPS) for the quarter. The business had revenue of $1.09 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings raised Intelligent Living Application Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, July 7th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Intelligent Living Application Group currently has a consensus 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.