Short Interest in Intelligent Living Application Group Inc. (NASDAQ:ILAG) Grows By 175.8%

Intelligent Living Application Group Inc. (NASDAQ:ILAG) saw a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 19,248 shares, an increase of 175.8% from the January 29th total of 6,980 shares. Approximately 1.9% of the company’s shares are sold short. Based on an average daily trading volume, of 17,014 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily trading volume, of 17,014 shares, the days-to-cover ratio is presently 1.1 days. Approximately 1.9% of the company’s shares are sold short.

Intelligent Living Application Group Stock Performance

Shares of Intelligent Living Application Group stock traded up $0.05 on Friday, reaching $2.65. The company had a trading volume of 3,509 shares, compared to its average volume of 69,730. The firm’s 50 day moving average price is $3.36 and its two-hundred day moving average price is $4.76. 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 company 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.