Intelligent Living Application Group Inc. (NASDAQ:ILAG) Sees Large Growth in Short Interest

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

Intelligent Living Application Group Stock Performance

Shares of ILAG traded up $0.02 during mid-day trading on Friday, hitting $0.47. 165,191 shares of the company’s stock were exchanged, compared to its average volume of 95,743. Intelligent Living Application Group has a 52 week low of $0.35 and a 52 week high of $1.35. The stock’s 50-day simple moving average is $0.75 and its 200-day simple moving average is $0.93. The company has a quick ratio of 3.61, a current ratio of 6.74 and a debt-to-equity ratio of 0.02.

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.