In a filing, Imunon Inc revealed its President and CEO Lindborg Stacy acquired Company’s shares for reported $24500.0 on Aug 15 ’24. In the deal valued at $0.98 per share,25,000 shares were bought. As a result of this transaction, Lindborg Stacy now holds 264,166 shares worth roughly $0.21 million.
Then, Tardugno Michael H bought 25,000 shares, generating $25,750 in total proceeds. Upon buying the shares at $1.03, the Executive Chairman of Board now owns 353,346 shares.
Price Performance Review of IMNN
On Tuesday, Imunon Inc [NASDAQ:IMNN] saw its stock jump 3.07% to $0.81. Over the last five days, the stock has lost -8.10%. Imunon Inc shares have risen nearly 17.21% since the year began. Nevertheless, the stocks have risen 7.12% over the past one year. While a 52-week high of $3.65 was reached on 07/30/24, a 52-week low of $0.48 was recorded on 02/14/24. SMA at 50 days reached $0.8624, while 200 days put it at $1.1435.
Levels Of Support And Resistance For IMNN Stock
The 24-hour chart illustrates a support level at 0.7968, which if violated will result in even more drops to 0.7787. On the upside, there is a resistance level at 0.8253. A further resistance level may holdings at 0.8357. The Relative Strength Index (RSI) on the 14-day chart is 42.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0318, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.08%. Stochastics %K at 25.31% indicates the stock is a holding.
How much short interest is there in Imunon Inc?
A steep rise in short interest was recorded in Imunon Inc stocks on 2024-11-29, growing by 0.25 million shares to a total of 0.74 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.49 million shares. There was a rise of 34.24%, which implies that there is a positive sentiment for the stock.
