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

Intelligent Living Application Group Inc. (NASDAQ:ILAG) was the recipient of a significant increase in short interest during the month of 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 sold short. Based on an average daily trading volume, of 79,500 shares, the days-to-cover ratio is currently 2.3 days.

Intelligent Living Application Group Trading Up 3.4 %

Shares of NASDAQ ILAG traded up $0.02 during midday trading on Friday, reaching $0.47. 165,191 shares of the company were exchanged, compared to its average volume of 95,743. The stock’s 50-day moving average price is $0.75 and its 200-day moving average price is $0.93. Intelligent Living Application Group has a one year low of $0.35 and a one 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.