Intelligent Living Application Group Inc. (NASDAQ:ILAG) Sees Significant Increase in Short Interest

Intelligent Living Application Group Inc. (NASDAQ:ILAG) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 143,900 shares, a growth of 42.6% from the September 30th total of 100,900 shares. Based on an average trading volume of 312,600 shares, the short-interest ratio is currently 0.5 days. Currently, 1.6% of the company’s shares are sold short. Currently, 1.6% of the company’s shares are sold short. Based on an average trading volume of 312,600 shares, the short-interest ratio is currently 0.5 days.

Intelligent Living Application Group Price Performance

Shares of NASDAQ:ILAG traded down $0.05 during trading on Monday, reaching $0.54. 79,211 shares of the stock were exchanged, compared to its average volume of 575,696. Intelligent Living Application Group has a 1-year low of $0.34 and a 1-year high of $1.09. The stock has a fifty day moving average of $0.60 and a two-hundred day moving average of $0.52.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Intelligent Living Application Group in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

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.