IMAC Holdings, Inc. (NASDAQ:BACK – Get Free Report) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 172,200 shares, an increase of 13.2% from the May 31st total of 152,100 shares. Approximately 18.3% of the company’s shares are sold short. Based on an average trading volume of 299,700 shares, the short-interest ratio is presently 0.6 days.
IMAC Trading Down 6.2 %
IMAC stock opened at $2.13 on Monday. IMAC has a 1-year low of $1.22 and a 1-year high of $7.75. The firm has a 50-day moving average of $3.08 and a 200-day moving average of $2.46.
IMAC (NASDAQ:BACK – Get Free Report) last posted its earnings results on Wednesday, May 15th. The company reported ($0.39) earnings per share (EPS) for the quarter.
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.
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