IMAC Holdings, Inc. (NASDAQ:BACK) Short Interest Update

IMAC Holdings, Inc. (NASDAQ:BACK) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 173,600 shares, a decline of 80.3% from the March 31st total of 880,200 shares. Based on an average trading volume of 807,700 shares, the short-interest ratio is presently 0.2 days. Approximately 18.5% of the shares of the stock are sold short.

IMAC Stock Down 23.3 %

NASDAQ BACK traded down $1.19 on Friday, reaching $3.91. The company had a trading volume of 809,817 shares, compared to its average volume of 773,459. The stock has a market capitalization of $4.50 million, a PE ratio of -0.36 and a beta of 0.25. The firm’s 50 day moving average price is $2.28 and its 200 day moving average price is $2.04. IMAC has a 12 month low of $1.22 and a 12 month high of $7.75.

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.