Intelligent Living Application Group Inc. (NASDAQ:ILAG) Sees Large Drop in Short Interest

Intelligent Living Application Group Inc. (NASDAQ:ILAG) saw a significant decline in short interest in February. As of February 27th, there was short interest totaling 10,587 shares, a decline of 45.0% from the February 12th total of 19,248 shares. Based on an average daily trading volume, of 4,725 shares, the short-interest ratio is currently 2.2 days. Currently, 1.1% of the shares of the stock are short sold. Currently, 1.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,725 shares, the short-interest ratio is currently 2.2 days.

Intelligent Living Application Group Stock Down 12.6%

NASDAQ:ILAG traded down $0.33 during trading hours on Thursday, reaching $2.29. 4,564 shares of the company were exchanged, compared to its average volume of 37,243. The business has a 50 day moving average of $3.08 and a 200 day moving average of $4.59. Intelligent Living Application Group has a 1-year low of $2.04 and a 1-year high of $9.80. The company has a current ratio of 4.27, a quick ratio of 1.63 and a debt-to-equity ratio of 0.02.

Intelligent Living Application Group (NASDAQ:ILAG) last released its earnings results on Monday, December 22nd. The company reported ($1.35) earnings per share for the quarter. The firm had revenue of $1.15 million during the quarter.

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. Intelligent Living Application Group Inc was founded in 1981 and is headquartered in Kwai Chung, Hong Kong.