Imunon Plunges 13.58% Amid Short Interest Surge

On June 13, 2025, Imunon's stock price plummeted by 13.58% during pre-market trading, marking a significant decline in its market value.

Imunon, Inc. has recently experienced a notable increase in its short interest, with the short interest ratio reaching 13.5%, indicating a relatively high level of bearish sentiment among investors. This elevated short interest suggests a potential for a short squeeze, which could lead to volatility in the stock's price.

Despite a strong U.S. jobs report, the U.S. dollar weakened in Asia and Europe as investors sold off recent gains. This market sentiment could have contributed to the decline in Imunon's stock price, as investors may have shifted their focus away from biotech stocks in favor of safer assets.