IMAC Holdings, Inc. (NASDAQ:BACK – Get Free Report) saw a significant growth in short interest in December. As of December 15th, there was short interest totalling 37,900 shares, a growth of 17.7% from the November 30th total of 32,200 shares. Based on an average daily trading volume, of 36,900 shares, the short-interest ratio is currently 1.0 days. Currently, 2.0% of the shares of the stock are short sold.
IMAC Price Performance
IMAC stock traded down $0.12 during midday trading on Tuesday, reaching $1.23. 59,953 shares of the stock traded hands, compared to its average volume of 302,287. The stock’s fifty day moving average is $1.16 and its 200-day moving average is $1.47. IMAC has a 12 month low of $0.98 and a 12 month high of $7.75.
IMAC (NASDAQ:BACK – Get Free Report) last posted its earnings results on Wednesday, December 18th. The company reported ($1.74) earnings per share 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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