IMAC Holdings, Inc. (NASDAQ:BACK – Get Free Report) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 16,900 shares, an increase of 106.1% from the June 30th total of 8,200 shares. Approximately 1.8% of the shares of the stock are short sold. Based on an average daily volume of 242,500 shares, the short-interest ratio is presently 0.1 days.
IMAC Stock Up 2.3 %
BACK traded up $0.04 during midday trading on Friday, hitting $1.74. The stock had a trading volume of 216,846 shares, compared to its average volume of 191,065. The business has a fifty day moving average of $2.30 and a 200 day moving average of $2.40. IMAC has a 1 year low of $1.22 and a 1 year high of $7.75.
IMAC (NASDAQ:BACK – Get Free Report) last issued its 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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