Short Interest in IMAC Holdings, Inc. (NASDAQ:BACK) Rises By 17.7%

IMAC Holdings, Inc. (NASDAQ:BACK) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 37,900 shares, an increase of 17.7% from the November 30th total of 32,200 shares. Currently, 2.0% of the shares of the company are short sold. Based on an average trading volume of 36,900 shares, the short-interest ratio is presently 1.0 days.

IMAC Price Performance

NASDAQ:BACK traded down $0.12 during trading hours on Tuesday, hitting $1.23. 59,953 shares of the stock traded hands, compared to its average volume of 302,287. IMAC has a 1 year low of $0.98 and a 1 year high of $7.75. The stock has a 50 day moving average price of $1.16 and a 200 day moving average price of $1.47.

IMAC (NASDAQ:BACK) last announced its quarterly earnings data on Wednesday, December 18th. The company reported ($1.74) 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.