International Land Alliance, Inc. (OTCMKTS:ILAL) Short Interest Down 33.3% in June

International Land Alliance, Inc. (OTCMKTS:ILAL) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 200 shares, a decrease of 33.3% from the May 31st total of 300 shares. Based on an average daily trading volume, of 282,000 shares, the short-interest ratio is currently 0.0 days.

International Land Alliance Stock Performance

Shares of International Land Alliance stock remained flat at $0.08 during trading hours on Monday. 281,993 shares of the stock were exchanged, compared to its average volume of 148,436. The business’s fifty day moving average is $0.06 and its 200 day moving average is $0.06. International Land Alliance has a one year low of $0.02 and a one year high of $0.37. The company has a debt-to-equity ratio of 11.27, a current ratio of 0.50 and a quick ratio of 0.50.

International Land Alliance (OTCMKTS:ILAL) last released its quarterly earnings results on Thursday, June 27th. The company reported $0.13 earnings per share for the quarter. The firm had revenue of $5.97 million for the quarter. International Land Alliance had a negative net margin of 29.38% and a negative return on equity of 16.71%.

About International Land Alliance

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.