Understanding the Risks of Investing in Imunon Inc (IMNN)

Imunon Inc’s recently made public that its Director Braun Donald P acquired Company’s shares for reported $29480.0 on Aug 20 ’24. In the deal valued at $1.18 per share,25,000 shares were bought. As a result of this transaction, Braun Donald P now holds 25,597 shares worth roughly $36603.71.

Then, Lindborg Stacy bought 25,000 shares, generating $24,500 in total proceeds. Upon buying the shares at $0.98, the President and CEO now owns 264,166 shares.

Before that, Tardugno Michael H bought 25,000 shares. Imunon Inc shares valued at $25,750 were divested by the Executive Chairman of Board at a price of $1.03 per share. As a result of the transaction, Tardugno Michael H now holds 353,346 shares, worth roughly $0.51 million.

Price Performance Review of IMNN

On Friday, Imunon Inc [NASDAQ:IMNN] saw its stock fall -11.73% to $1.43. Over the last five days, the stock has lost -2.05%. Imunon Inc shares have risen nearly 50.53% since the year began. Nevertheless, the stocks have risen 11.72% over the past one year. While a 52-week high of $3.65 was reached on 06/02/25, a 52-week low of $0.37 was recorded on 05/22/25.

Levels Of Support And Resistance For IMNN Stock

The 24-hour chart illustrates a support level at 1.3633, which if violated will result in even more drops to 1.2967. On the upside, there is a resistance level at 1.5333. A further resistance level may holdings at 1.6367.

How much short interest is there in Imunon Inc?

A steep rise in short interest was recorded in Imunon Inc stocks on 2025-05-30, growing by 4.09 million shares to a total of 5.11 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 1.02 million shares. There was a rise of 80.08%, which implies that there is a positive sentiment for the stock.

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