Short Interest in Intelligent Living Application Group Inc. (NASDAQ:ILAG) Expands By 102.0%

Intelligent Living Application Group Inc. (NASDAQ:ILAG) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 179,400 shares, an increase of 102.0% from the February 13th total of 88,800 shares. Approximately 2.0% of the shares of the stock are short sold. Based on an average trading volume of 79,500 shares, the days-to-cover ratio is presently 2.3 days.

Intelligent Living Application Group Stock Performance

Shares of NASDAQ ILAG traded up $0.02 during midday trading on Friday, hitting $0.47. The stock had a trading volume of 164,996 shares, compared to its average volume of 95,740. The stock has a 50 day simple moving average of $0.75 and a 200-day simple moving average of $0.93. Intelligent Living Application Group has a 1 year low of $0.35 and a 1 year high of $1.35. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.61 and a current ratio of 6.74.

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.