Intelligent Living Application Group Inc. (NASDAQ:ILAG) Short Interest Up 648.2% in June

Intelligent Living Application Group Inc. (NASDAQ:ILAG) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 397,300 shares, a growth of 648.2% from the May 31st total of 53,100 shares. Based on an average daily volume of 522,700 shares, the days-to-cover ratio is currently 0.8 days. Approximately 4.6% of the company’s shares are sold short.

Intelligent Living Application Group Trading Down 9.2 %

Shares of NASDAQ:ILAG traded down $0.04 during midday trading on Friday, reaching $0.36. 86,724 shares of the company’s stock were exchanged, compared to its average volume of 544,397. The firm’s 50 day simple moving average is $0.47 and its two-hundred day simple moving average is $0.54. The company has a quick ratio of 5.09, a current ratio of 8.70 and a debt-to-equity ratio of 0.02. Intelligent Living Application Group has a fifty-two week low of $0.33 and a fifty-two week high of $1.25.

Intelligent Living Application Group Company Profile

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.