IMAC Holdings, Inc. (NASDAQ:BACK) Short Interest Up 152.5% in October

IMAC Holdings, Inc. (NASDAQ:BACK) was the target of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 30,300 shares, a growth of 152.5% from the October 15th total of 12,000 shares. Based on an average daily trading volume, of 70,600 shares, the days-to-cover ratio is currently 0.4 days. Currently, 1.9% of the shares of the company are sold short.

IMAC Price Performance

NASDAQ:BACK opened at $1.07 on Friday. The business has a fifty day simple moving average of $1.24 and a two-hundred day simple moving average of $1.95. IMAC has a 1 year low of $1.00 and a 1 year 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.