Intelligent Living Application Group Inc. (NASDAQ:ILAG) Sees Large Drop in Short Interest

Intelligent Living Application Group Inc. (NASDAQ:ILAG) saw a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 10,587 shares, a drop of 45.0% from the February 12th total of 19,248 shares. Approximately 1.1% of the shares of the company are sold short. Based on an average daily trading volume, of 4,725 shares, the days-to-cover ratio is presently 2.2 days. Based on an average daily trading volume, of 4,725 shares, the days-to-cover ratio is presently 2.2 days. Approximately 1.1% of the shares of the company are sold short.

Intelligent Living Application Group Price Performance

ILAG traded down $0.33 on Thursday, reaching $2.29. The company had a trading volume of 4,564 shares, compared to its average volume of 37,243. Intelligent Living Application Group has a fifty-two week low of $2.04 and a fifty-two week high of $9.80. The company’s fifty day moving average is $3.08 and its 200 day moving average is $4.59. The company has a quick ratio of 1.63, a current ratio of 4.27 and a debt-to-equity ratio of 0.02.

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

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.