IMAC Holdings, Inc. (NASDAQ:BACK – Get Free Report) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 135,400 shares, a decline of 37.5% from the February 13th total of 216,800 shares. Approximately 4.3% of the company’s stock are short sold. Based on an average trading volume of 1,330,000 shares, the days-to-cover ratio is currently 0.1 days.
IMAC Trading Down 5.4 %
NASDAQ BACK opened at $0.57 on Monday. The company has a 50 day moving average price of $0.82 and a 200 day moving average price of $1.09. IMAC has a 52 week low of $0.47 and a 52 week high of $7.75.
IMAC (NASDAQ:BACK – Get Free Report) last issued its quarterly earnings results on Friday, January 17th. The company reported ($1.33) 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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