IMAC Holdings, Inc. (NASDAQ:BACK – Get Free Report) saw a large increase in short interest in July. As of July 15th, there was short interest totalling 16,900 shares, an increase of 106.1% from the June 30th total of 8,200 shares. Based on an average daily volume of 242,500 shares, the short-interest ratio is presently 0.1 days. Currently, 1.8% of the shares of the stock are short sold.
IMAC Trading Up 2.3 %
Shares of BACK traded up $0.04 during mid-day trading on Friday, reaching $1.74. The company had a trading volume of 216,846 shares, compared to its average volume of 191,065. The company’s 50 day simple moving average is $2.30 and its 200 day simple moving average is $2.40. IMAC has a 1-year low of $1.22 and a 1-year high of $7.75.
IMAC (NASDAQ:BACK – Get Free Report) last posted its earnings results on Wednesday, May 15th. The company reported ($0.39) EPS for the quarter.
IMAC Company Profile
IMAC Holdings, Inc owns and manages innovative medical advancements and care regeneration centers, and backspace clinics in the United States. The company's outpatient medical clinics provide regenerative, orthopedic, and minimally invasive procedures and therapies to patients with sports injuries, ligament and tendon damage, and other related soft tissue conditions, as well as back, knee, and joint pains.
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