Short Interest in IMAC Holdings, Inc. (NASDAQ:BACK) Decreases By 80.3%

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

IMAC Price Performance

NASDAQ:BACK traded down $1.18 during trading hours on Friday, hitting $3.92. 831,337 shares of the company’s stock traded hands, compared to its average volume of 591,093. The business’s fifty day simple moving average is $2.33 and its two-hundred day simple moving average is $2.05. IMAC has a 52 week low of $1.22 and a 52 week 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.