IMAC Holdings, Inc. (NASDAQ:BACK) Short Interest Down 11.8% in November

IMAC Holdings, Inc. (NASDAQ:BACK) was the target of a significant decrease in short interest in November. As of November 30th, there was short interest totalling 32,200 shares, a decrease of 11.8% from the November 15th total of 36,500 shares. Based on an average trading volume of 49,600 shares, the short-interest ratio is presently 0.6 days. Currently, 2.0% of the shares of the company are short sold.

IMAC Stock Performance

Shares of NASDAQ:BACK traded up $0.02 during trading on Friday, reaching $1.22. 12,056 shares of the company traded hands, compared to its average volume of 313,512. The company’s 50 day moving average is $1.16 and its two-hundred day moving average is $1.59. IMAC has a 52 week low of $0.98 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.