IMAC Holdings, Inc. (NASDAQ:BACK – Get Free Report) saw a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 401,300 shares, an increase of 844.2% from the January 15th total of 42,500 shares. Currently, 21.0% of the shares of the company are short sold. Based on an average daily volume of 1,270,000 shares, the days-to-cover ratio is presently 0.3 days.
IMAC Price Performance
Shares of BACK traded up $0.08 during mid-day trading on Wednesday, hitting $0.61. 839,621 shares of the company’s stock were exchanged, compared to its average volume of 2,918,602. IMAC has a fifty-two week low of $0.47 and a fifty-two week high of $7.75. The business’s 50 day moving average is $1.10 and its two-hundred day moving average is $1.27.
IMAC (NASDAQ:BACK – Get Free Report) last announced its earnings results on Friday, January 17th. The company reported ($1.33) earnings per share 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.
Read More
- Five stocks we like better than IMAC
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- 3 Reasons Micron Stock Is Deeply Undervalued Right Now
- Best Stocks Under $10.00
- Inflation Persists, But So Do Stock Opportunities: Rally On
- The How and Why of Investing in Gold Stocks
- Energy Transfer Fuels the Cloud: A Natural Gas Power Play
Receive News & Ratings for IMAC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IMAC and related companies with MarketBeat.com's FREE daily email newsletter.
