IMAC Holdings, Inc. (NASDAQ:BACK – Get Free Report) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 172,200 shares, a growth of 13.2% from the May 31st total of 152,100 shares. Approximately 18.3% of the shares of the company are sold short. Based on an average daily trading volume, of 299,700 shares, the short-interest ratio is presently 0.6 days.
IMAC Price Performance
NASDAQ BACK traded down $0.09 during trading hours on Tuesday, hitting $1.73. The company’s stock had a trading volume of 39,611 shares, compared to its average volume of 522,481. The company’s 50 day simple moving average is $3.02 and its two-hundred day simple moving average is $2.47. IMAC has a 12 month low of $1.22 and a 12 month high of $7.75.
IMAC (NASDAQ:BACK – Get Free Report) last released its quarterly earnings results on Wednesday, May 15th. The company reported ($0.39) earnings per share (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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