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

IMAC Holdings, Inc. (NASDAQ:BACK) was the recipient of a significant decline in short interest in 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. Currently, 18.5% of the company’s shares are sold short. Based on an average trading volume of 807,700 shares, the short-interest ratio is currently 0.2 days.

IMAC Trading Down 23.3 %

Shares of IMAC stock traded down $1.19 during trading on Friday, reaching $3.91. The stock had a trading volume of 809,817 shares, compared to its average volume of 773,459. The company has a market capitalization of $4.50 million, a price-to-earnings ratio of -0.36 and a beta of 0.25. The stock has a fifty day moving average price of $2.28 and a two-hundred day moving average price of $2.04. 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.