Short Interest in IMAC Holdings, Inc. (NASDAQ:BACK) Rises By 152.5%

IMAC Holdings, Inc. (NASDAQ:BACK) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 30,300 shares, an increase of 152.5% from the October 15th total of 12,000 shares. Based on an average daily trading volume, of 70,600 shares, the short-interest ratio is currently 0.4 days. Approximately 1.9% of the shares of the company are short sold.

IMAC Trading Down 3.7 %

Shares of BACK stock opened at $1.12 on Thursday. The stock has a 50 day moving average of $1.26 and a 200-day moving average of $1.96. IMAC has a 12 month low of $1.04 and a 12 month high of $7.75.

About IMAC

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.