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

IMAC Holdings, Inc. (NASDAQ:BACK) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 30,300 shares, an increase 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 stock are sold short.

IMAC Stock Performance

IMAC stock opened at $1.07 on Friday. IMAC has a 52 week low of $1.00 and a 52 week high of $7.75. The business has a 50-day simple moving average of $1.24 and a 200 day simple moving average of $1.95.

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.