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

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

Intelligent Living Application Group Stock Down 2.9%

ILAG traded down $0.09 during trading on Monday, hitting $2.88. 152 shares of the stock were exchanged, compared to its average volume of 3,448. 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 1-year low of $2.04 and a 1-year high of $7.27. The stock has a fifty day moving average price of $3.32 and a two-hundred day moving average price of $3.29.

Wall Street Analyst Weigh In

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