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

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

Analyst Upgrades and Downgrades

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

Intelligent Living Application Group Trading Up 1.4%

Shares of ILAG stock traded up $0.04 on Friday, hitting $3.00. 152 shares of the stock traded hands, compared to its average volume of 3,445. The company has a current ratio of 1.97, a quick ratio of 0.41 and a debt-to-equity ratio of 0.03. Intelligent Living Application Group has a twelve month low of $2.04 and a twelve month high of $7.27. The firm’s 50-day moving average price is $3.35 and its two-hundred day moving average price is $3.29.

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.