Short Interest in Intelligent Living Application Group Inc. (NASDAQ:ILAG) Declines By 45.4%

Intelligent Living Application Group Inc. (NASDAQ:ILAG) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 41,397 shares, a decline of 45.4% from the June 15th total of 75,827 shares. Based on an average daily volume of 144,177 shares, the days-to-cover ratio is currently 0.3 days. Currently, 4.1% of the company’s stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings raised Intelligent Living Application Group from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, July 7th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Intelligent Living Application Group Price Performance

Shares of NASDAQ ILAG traded up $0.01 during mid-day trading on Friday, reaching $3.63. The company had a trading volume of 904 shares, compared to its average volume of 55,258. Intelligent Living Application Group has a twelve month low of $2.04 and a twelve month high of $9.56. The stock’s 50 day moving average is $3.63 and its 200-day moving average is $3.32. 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 (NASDAQ:ILAG) last announced its quarterly earnings results on Friday, April 24th. The company reported ($3.40) earnings per share (EPS) for the quarter. The firm had revenue of $1.09 million during 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.