IMAC Holdings, Inc. (NASDAQ:BACK) Short Interest Down 80.3% in April

IMAC Holdings, Inc. (NASDAQ:BACK) saw a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 173,600 shares, a decrease of 80.3% from the March 31st total of 880,200 shares. Based on an average daily trading volume, of 807,700 shares, the short-interest ratio is presently 0.2 days. Currently, 18.5% of the shares of the stock are short sold.

IMAC Price Performance

NASDAQ:BACK traded down $1.18 on Friday, reaching $3.92. 831,337 shares of the company’s stock traded hands, compared to its average volume of 591,093. The stock has a 50-day simple moving average of $2.33 and a 200-day simple moving average of $2.05. IMAC has a 12 month low of $1.22 and a 12 month high of $7.75.

About IMAC

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.