International Land Alliance, Inc. (OTCMKTS:ILAL) Sees Significant Decline in Short Interest

International Land Alliance, Inc. (OTCMKTS:ILAL) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 100 shares, a decline of 95.2% from the February 29th total of 2,100 shares. Based on an average daily trading volume, of 274,600 shares, the days-to-cover ratio is presently 0.0 days.

International Land Alliance Price Performance

OTCMKTS ILAL traded up $0.00 on Thursday, hitting $0.04. 361,120 shares of the stock were exchanged, compared to its average volume of 242,737. The company’s 50-day moving average price is $0.06 and its two-hundred day moving average price is $0.13. International Land Alliance has a 52-week low of $0.03 and a 52-week high of $0.37. The company has a market capitalization of $3.33 million, a price-to-earnings ratio of -0.05 and a beta of -1.01.

International Land Alliance Company Profile

International Land Alliance, Inc operates as a residential land development company with target properties located primarily in the Baja California, Northern region of Mexico, and Southern California. Its principal activities include purchasing properties; obtaining zoning and other entitlements required to subdivide the properties into residential and commercial building lots; securing financing for the purchase of the lots; enhance the properties' infrastructure and amenities; and selling the plots to homebuyers, retirees, investors, and commercial developers.