IMAC Holdings, Inc. (NASDAQ:BACK – Get Free Report) was the target of a significant drop in short interest in February. As of February 28th, there was short interest totalling 135,400 shares, a drop of 37.5% from the February 13th total of 216,800 shares. Currently, 4.3% of the shares of the stock are sold short. Based on an average daily volume of 1,330,000 shares, the short-interest ratio is presently 0.1 days.
IMAC Stock Down 5.4 %
BACK opened at $0.57 on Monday. IMAC has a 52-week low of $0.47 and a 52-week high of $7.75. The firm’s fifty day simple moving average is $0.82 and its two-hundred day simple moving average is $1.09.
IMAC (NASDAQ:BACK – Get Free Report) last released its quarterly earnings data 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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