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

Intelligent Living Application Group Inc. (NASDAQ:ILAGGet Free Report) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 75,827 shares, an increase of 1,270.9% from the May 31st total of 5,531 shares. Approximately 7.6% of the company’s stock are sold short. Based on an average daily volume of 213,621 shares, the short-interest ratio is currently 0.4 days.

Intelligent Living Application Group Stock Performance

Shares of ILAG stock traded up $0.23 during trading hours on Thursday, reaching $3.60. The company had a trading volume of 15,615 shares, compared to its average volume of 204,685. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.41 and a current ratio of 1.97. The business has a fifty day moving average price of $3.65 and a 200-day moving average price of $3.39. Intelligent Living Application Group has a one year low of $2.04 and a one year high of $9.56.

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings downgraded Intelligent Living Application Group from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, June 17th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Read Our Latest Analysis on ILAG

Intelligent Living Application Group Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Intelligent Living Application Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intelligent Living Application Group and related companies with MarketBeat.com's FREE daily email newsletter.