Sharp decrease in TOON’s short interest leads to decline in days-to-cover ratio

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Kartoon Studios Inc shares valued at $4,990 were purchased by Davis Gray on Jun 13 ’25. At $0.80 per share, Davis Gray acquired 6,200 shares. The insider’s holdings grew to 64,598 shares worth approximately $50386.44 following the completion of this transaction.

Also, Heyward Andy purchased 5,927 shares, netting a total of over 4,918 in proceeds. Following the buying of shares at $0.83 each, the insider now holds 1,783,115 shares.

Before that, Parisi Brian had added 6,100 shares to its account. In a trade valued at $5,032, the CFO bought Kartoon Studios Inc shares for $0.82 each. Upon closing the transaction, the insider’s holdings increased to 6,100 shares, worth approximately $9308.52.

Analyzing TOON Stock Performance

On last trading session, Kartoon Studios Inc [AMEX: TOON] rose 2.63% to $0.78. The stock’s lowest price that day was $0.76, but it reached a high of $0.7868 in the same session. During the last five days, there has been a surge of approximately 6.17%. Over the course of the year, Kartoon Studios Inc shares have dropped approximately -22.77%. Shares of the company reached a 52-week high of $0.9292 on 05/16/25 and a 52-week low of $0.4898 on 01/29/25.

Support And Resistance Levels for Kartoon Studios Inc (TOON)

According to the 24-hour chart, there is a support level at 0.7644, which, if violated, would cause prices to drop to 0.7488. In the upper region, resistance lies at 0.7912. The next price resistance is at 0.8024. RSI (Relative Strength Index) is 55.71 on the 14-day chart, showing neutral technical sentiment.

Is Kartoon Studios Inc subject to short interest?

Stocks of Kartoon Studios Inc saw a sharp steep in short interest on 2025-06-13 dropping by 53941.0 shares to 1.39 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 1.44 million shares. A decline of -3.89% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 5.77 of the overall float, the days-to-cover ratio (short ratio) decline to 5.77.

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