Short Interest in Intelligent Living Application Group Inc. (NASDAQ:ILAG) Expands By 473.5%

Intelligent Living Application Group Inc. (NASDAQ:ILAG) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 6,980 shares, an increase of 473.5% from the January 15th total of 1,217 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 121,595 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 121,595 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.7% of the company’s stock are short sold.

Intelligent Living Application Group Stock Down 5.8%

ILAG stock traded down $0.16 during midday trading on Tuesday, hitting $2.58. The stock had a trading volume of 5,116 shares, compared to its average volume of 78,365. The business has a 50-day moving average of $3.83 and a two-hundred day moving average of $4.95. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.27 and a quick ratio of 1.63. Intelligent Living Application Group has a 52-week low of $2.04 and a 52-week high of $9.80.

Intelligent Living Application Group (NASDAQ:ILAG) last announced its earnings results on Monday, December 22nd. The company reported ($1.35) EPS for the quarter. The firm 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.