IMAC Holdings, Inc. (NASDAQ:BACK – Get Free Report) was the recipient of a large increase in short interest in 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. Based on an average daily volume of 36,900 shares, the short-interest ratio is presently 1.0 days. Currently, 2.0% of the shares of the stock are sold short.
IMAC Stock Up 3.2 %
Shares of IMAC stock traded up $0.04 on Friday, reaching $1.30. The company’s stock had a trading volume of 43,691 shares, compared to its average volume of 22,471. IMAC has a 52-week low of $0.98 and a 52-week 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 – Get Free Report) last issued its quarterly earnings results on Wednesday, December 18th. The company reported ($1.74) EPS for the quarter.
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.
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