Here is the short interest for the past 12 months. It looks interesting that the short interest increased by 5x in the month right before this spike in the stock price. Part of this move might have been the shorts covering. The following is the common and preferred short interest for each month.
IMGX Month - Shares Short 02/98 - 364,230 01/98 - 77,271 12/97 - 63,195 11/97 - 110,492 10/97 - 144,318 09/97 - 78,248 08/97 - 102,304 07/97 - 128,996 06/97 - 182,228 05/97 - 140,727 04/97 - 130,421 03/97 - 140,912
IMGXP - (preferred stock) Month - Shares Short 02/98 - 23,821 01/98 - 16,920 12/97 - 3,204 11/97 - 7,070 10/97 - 3,000 09/97 - 4,000 08/97 - 4,000 07/97 - 11,925 06/97 - 14,516 05/97 - 3,319 04/97 - 4,518 03/97 - 3,840 |