Sharp increase in IMG’s short interest leads to surge in days-to-cover ratio

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. CIMG Inc shares valued at $1,598,787 were purchased by YY Tech Inc on Mar 18 ’25. At $0.52 per share, YY Tech Inc acquired 3,074,590 shares. The insider’s holdings grew to 7,125,872 shares worth approximately $1.78 million following the completion of this transaction.

Also, JOYER INVESTMENT LTD. purchased 3,074,590 shares, netting a total of over 1,598,787 in proceeds. Following the buying of shares at $0.52 each, the insider now holds 7,125,872 shares.

Before that, Dada Business Trading Co., Ltd had added 2,529,236 shares to its account. In a trade valued at $1,315,203, the 10% Owner bought CIMG Inc shares for $0.52 each. Upon closing the transaction, the insider’s holdings increased to 2,529,236 shares, worth approximately $1.68 million.

Analyzing IMG Stock Performance

On last trading session, CIMG Inc [NASDAQ: IMG] rose 9.25% to $0.25. The stock’s lowest price that day was $0.213, but it reached a high of $0.2621 in the same session. During the last five days, there has been a drop of approximately -8.14%. Over the course of the year, CIMG Inc shares have dropped approximately -93.11%. Shares of the company reached a 52-week high of $1.4400 on 01/08/25 and a 52-week low of $0.2125 on 07/31/25.

Support And Resistance Levels for CIMG Inc (IMG)

According to the 24-hour chart, there is a support level at 0.2196, which, if violated, would cause prices to drop to 0.1913. In the upper region, resistance lies at 0.2692. The next price resistance is at 0.2905. RSI (Relative Strength Index) is 37.58 on the 14-day chart, showing neutral technical sentiment.

Is CIMG Inc subject to short interest?

Stocks of CIMG Inc saw a sharp rise in short interest on 2025-07-15 jumping by 0.15 million shares to 0.3 million. Data from Yahoo Finance shows that the short interest on 2025-06-13 was 0.14 million shares. A jump of 51.19% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 0.2 of the overall float, the days-to-cover ratio (short ratio) jumped to 0.2.

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