Intelligent Living Application Group Inc. (NASDAQ:ILAG) Sees Significant Decline in Short Interest

Intelligent Living Application Group Inc. (NASDAQ:ILAG) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 5,467 shares, a decrease of 38.4% from the July 15th total of 8,876 shares. Based on an average daily volume of 6,634 shares, the short-interest ratio is presently 0.8 days. Currently, 0.5% of the company’s shares are sold short.

Intelligent Living Application Group Trading Up 5.6%

Intelligent Living Application Group stock opened at $3.48 on Thursday. The firm has a 50-day moving average price of $3.39 and a 200-day moving average price of $3.25. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.41 and a current ratio of 1.97. Intelligent Living Application Group has a 12-month low of $2.04 and a 12-month high of $9.56.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded Intelligent Living Application Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, August 11th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

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.