Intelligent Living Application Group Inc. (NASDAQ:ILAG) Stock Short Interest Drops 69.1%

Intelligent Living Application Group Inc. (NASDAQ:ILAG) saw a large decline in short interest in October. As of October 30th, there was short interest totaling 4,232 shares, a decline of 69.1% from the October 15th total of 13,707 shares. Based on an average trading volume of 27,924 shares, the short-interest ratio is currently 0.2 days. Approximately 0.4% of the company’s stock are sold short.

Intelligent Living Application Group Stock Up 6.4%

NASDAQ ILAG traded up $0.11 during trading on Friday, reaching $1.84. 27,869 shares of the company’s stock were exchanged, compared to its average volume of 60,607. The company has a 50 day moving average price of $2.65 and a two-hundred day moving average price of $3.10. Intelligent Living Application Group has a 1 year low of $1.69 and a 1 year high of $7.19.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Intelligent Living Application Group from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, September 10th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, Intelligent Living Application Group currently has an average rating of “Sell”.

Intelligent Living Application Group Company Profile

Intelligent Living Application Group Inc. is a holding company focused on the design, manufacture and sale of smart home and security products. Its offerings include smart locks, mechanical locks and related door hardware intended for residential and commercial applications. The company operates through subsidiaries with manufacturing and business activities in China and Hong Kong. Its products are sold to customers in international markets, including North America and Europe, through business-to-business channels and distributors.