Short Interest in IMAC Holdings, Inc. (NASDAQ:BACK) Rises By 20.5%

IMAC Holdings, Inc. (NASDAQ:BACK) was the recipient of a significant increase in short interest in November. As of November 15th, there was short interest totalling 36,500 shares, an increase of 20.5% from the October 31st total of 30,300 shares. Approximately 2.3% of the shares of the company are short sold. Based on an average trading volume of 54,200 shares, the short-interest ratio is currently 0.7 days.

IMAC Price Performance

Shares of IMAC stock traded down $0.03 during trading hours on Monday, reaching $1.04. The company had a trading volume of 6,240 shares, compared to its average volume of 324,483. IMAC has a one year low of $0.98 and a one year high of $7.75. The business has a fifty day simple moving average of $1.15 and a 200 day simple moving average of $1.72.

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.