Intelligent Living Application Group Inc. (NASDAQ:ILAG) Short Interest Down 69.9% in August

Intelligent Living Application Group Inc. (NASDAQ:ILAG) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 1,663 shares, a drop of 69.9% from the August 15th total of 5,528 shares. Based on an average daily volume of 1,393 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.2% of the shares of the stock are sold short.

Intelligent Living Application Group Stock Performance

Shares of ILAG stock traded up $0.04 during trading hours on Friday, hitting $3.00. The company had a trading volume of 152 shares, compared to its average volume of 3,445. Intelligent Living Application Group has a fifty-two week low of $2.04 and a fifty-two week high of $7.27. The company’s fifty day moving average is $3.35 and its 200 day moving average is $3.29. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.41 and a current ratio of 1.97.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of Intelligent Living Application Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average 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.