Intelligent Living Application Group Inc. (NASDAQ:ILAG) Stock Short Interest Climbs 638.5%

Intelligent Living Application Group Inc. (NASDAQ:ILAG) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totaling 13,707 shares, a growth of 638.5% from the September 30th total of 1,856 shares. Currently, 1.4% of the company’s shares are short sold. Based on an average daily volume of 338,821 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Intelligent Living Application Group from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, September 10th. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, Intelligent Living Application Group currently has an average rating of “Sell”.

Intelligent Living Application Group Stock Performance

NASDAQ ILAG traded down $0.04 on Thursday, reaching $2.42. The company’s stock had a trading volume of 10,472 shares, compared to its average volume of 62,931. Intelligent Living Application Group has a 52 week low of $2.04 and a 52 week high of $7.19. The business has a 50-day moving average price of $2.93 and a 200 day moving average price of $3.19.

About Intelligent Living Application Group

Intelligent Living Application Group Inc is a holding company focused on the design, manufacture and sale of smart home and security products. Its offerings include smart locks, mechanical locks and related door hardware intended for residential and commercial applications.

The company operates through subsidiaries with manufacturing and business activities in China and Hong Kong. Its products are sold to customers in international markets, including North America and Europe, through business-to-business channels and distributors.

Intelligent Living Application Group was established in 1981 and has developed experience in lock manufacturing and electronic security solutions.